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Sriwijaya International Journal of Dynamic Economics and Business, 2017 In the activity of the modern economy, the availability of money as a means of transaction is very important, because with the money as a means to pay consumers can easily to get the basic material needs are required, the manufacturer can provide the ...
Ahmad Berlian +8 more
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Risks, 2021 An upward trend in the share of cash in GDP has been observed since the beginning of the 21st century and has not yet been fully explained in the literature. In fact, the interest rate is the only variable that has been well researched and well confirmed
Jacek Pietrucha
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Estimation of money demand function for reserve money in Serbia [PDF]
Industrija, 2016 This paper examines the relevance of the function of demand for reserve money in the Republic of Serbia in the period from January 2002 to December 2015 (168 monthly observations).
Vuković Marija +2 more
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Unemployment and the Demand for Money [PDF]
SSRN Electronic Journal, 2019 We develop a dynamic general equilibrium model to analyze the relationship between monetary policy, money demand, and unemployment. Our model succeeds in replicating the empirical fact of a downward sloping Phillips curve for low inflation rates and an upward sloping curve for high inflation rates. The reason is that low inflation rates make saving, as
Huber, Samuel +2 more
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Money Demand Balances and Exchange Rate in Pakistan: A Time Series Analysis
Journal of Business and Social Review in Emerging Economies, 2020 This paper investigates the impact of exchange rate on the money demand balances in Pakistan by applying linear and non-linear ARDL approach. The purpose of study is not only examining the impact of exchange rate and demand for money but also to analyze ...
Shazia Sana +3 more
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The Demand for Money and the Nonneutrality of Money [PDF]
, 1998 Many economists have worried about changes in the demand for money, since money demand shocks can affect output variability and have implications for monetary policy. This paper studies the theoretical implications of changes in money demand for the nonneutrality of money in the limited participation (liquidity) model and the predetermined (sticky ...
Harold L. Cole, Lee E. Ohanian
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On the stability of money demand [PDF]
Journal of Monetary Economics, 2015 Abstract We show that regulatory changes that occurred in the banking sector in the early 1980s, that considerably weakened Regulation Q, can explain the apparent instability of money demand starting in the same period. We evaluate the effects of the regulatory changes using a model that goes beyond aggregates as M1 and treats currency and different ...
Lucas, Robert E., Nicolini, Juan Pablo
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Journal of Business & Banking, 2021 This study aims to analyze the effect of non-cash payments and policy interest rates on the demand for money in Indonesia in the long and short term. The analysis method used is the Error Correction Model (ECM) with secondary data including electronic ...
Wahyuril Ramadhani +1 more
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Factors Affecting Currency Substitution in Iran: With Emphasis on Inflation Uncertainty [PDF]
پژوهشهای اقتصادی, 2022 High and unpredictable inflation rates reduce the demand for domestic money and increase the demand for alternative assets such as foreign currency. Currency substitution is a situation in which foreign currency is replaced for domestic money in doing ...
sima eskandari sabzi
doaj
Baltic Journal of Economic Studies, 2019 The international experience of various countries of the world in the implementation, usage, and economic and legal status of cryptocurrency is compared in this research.
Olena Bondarenko +2 more
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