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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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Asymmetrical effects of real exchange rate on the money demand in Saudi Arabia: A non-linear ARDL approach. [PDF]
This present research investigates the money demand function of Saudi Arabia using a long period 1968-2016. In addition, the asymmetrical effects of real exchange rate changes have also been explored in the estimated money demand function.
Haider Mahmood +1 more
doaj +2 more sources
The determinants of money demand in China
Money demand and its stability have a great impact on the economy of a country. Because China’s financial and monetary system has been in reform, there are many uncertainties in money demand.
Xiangsheng Dou
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Unemployment and the Demand for Money [PDF]
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
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
doaj +1 more source
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
doaj +1 more source
The Demand for Money and the Nonneutrality of Money [PDF]
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]
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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Money Demand in Indonesia: Does Economic Uncertainty Matter?
Since the global financial crisis of 2008, there has been a rise in economic uncertainty and money demand research. The money demand is vital in monetary policy, which has implications for the regional economy. This study aims to analyse the money demand
Mahrus Lutfi Adi Kurniawan +2 more
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Estimation of money demand function for reserve money in Serbia [PDF]
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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