Micro Foundations And Stability Of Money Demand Function: The Case Of Pakistan. Este artículo no está disponible.
Idioma: inglés
Editorial: Lap Lambert Academic Publishing, 2011
- Tapa blanda
- Nuevo
Librería: Revaluation Books, Exeter, Reino UnidoRevaluation Books
Vendedor de 5 estrellas
Vendedor de IberLibro desde 6 de enero de 2003
No disponible
Tapa blanda
Condición: Nuevo
EUR 125,74
Descripción del artículo del vendedor
124 pages. 8.66x5.91x0.28 inches. In Stock.
N° de ref. del artículo 3846543756
- Título
- Micro Foundations And Stability Of Money Demand Function: The Case Of Pakistan
- Autor
- Awan, Haroon Sarwar; Hussain, Zakir; Awan, Haroon Sarwar; Hussain, Zakir
- Editorial
- Lap Lambert Academic Publishing
- Año de publicación
- 2011
- Estado
- Brand New
- Encuadernación
- Paperback
- Idioma
- inglés
- ISBN 10
- 3846543756
- ISBN 13
- 9783846543757
- Peso del artículo
- 0,23 kilogramos
The study and estimation of demand for money function has a major role in monetary policy formulation. In the back drop of financial deregulation, global financial crisis and structural adjustments, it seems imperative to reinvestigate the money demand function for Pakistan.This study tried to formulate the Divisia aggregates for Pakistan and then used both official (Simple sum) and Divisia aggregates for estimating demand for money function for Pakistan. Moreover, the study tested both groups of money demand functions for stability. The comparison of Simple sum and Divisia based money demand estimates showed that the performance of Divisia based money demand functions was better than their Simple sum counterparts. The results of simple sum and Divisia demand functions showed that interest rate has a very limited role in explaining the demand for money, while the financial innovations were playing a significant role in explaining the money demand pattern.
“Sinopsis” puede pertenecer a otra edición de este título.
Reseña del editor
The study and estimation of demand for money function has a major role in monetary policy formulation. In the back drop of financial deregulation, global financial crisis and structural adjustments, it seems imperative to reinvestigate the money demand function for Pakistan.This study tried to formulate the Divisia aggregates for Pakistan and then used both official (Simple sum) and Divisia aggregates for estimating demand for money function for Pakistan. Moreover, the study tested both groups of money demand functions for stability. The comparison of Simple sum and Divisia based money demand estimates showed that the performance of Divisia based money demand functions was better than their Simple sum counterparts. The results of simple sum and Divisia demand functions showed that interest rate has a very limited role in explaining the demand for money, while the financial innovations were playing a significant role in explaining the money demand pattern.
“Acerca de” puede pertenecer a otra edición de este título.