The demand for money in transition economies

dc.authoridOzturk, Ilhan/0000-0002-6521-0901
dc.contributor.authorOzturk, Ilhan
dc.contributor.authorAcaravci, Ali
dc.date.accessioned2024-09-18T20:15:03Z
dc.date.available2024-09-18T20:15:03Z
dc.date.issued2008
dc.departmentHatay Mustafa Kemal Üniversitesien_US
dc.description.abstractThis paper examines the long-run determinants of the,demand for money in ten transition countries using panel data for the 1994-2005 period. Using panel unit root tests we rejected the null hypothesis of the nonstationarity and employed the feasible generalized least squares (FGLS) model. Consistent with theoretical postulates, it is found that (a) the demand for money in the long-run, positively responds to real GDP and inversely to the inflation and the real effective exchange rate and (b) the long-run income elasticity is about unity.en_US
dc.identifier.endpage43en_US
dc.identifier.issn1582-6163
dc.identifier.issn2537-6071
dc.identifier.issue2en_US
dc.identifier.scopus2-s2.0-58449137238en_US
dc.identifier.scopusqualityQ2en_US
dc.identifier.startpage35en_US
dc.identifier.urihttps://hdl.handle.net/20.500.12483/9417
dc.identifier.volume9en_US
dc.identifier.wosWOS:000257521400002en_US
dc.identifier.wosqualityN/Aen_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherInst Economic Forecastingen_US
dc.relation.ispartofRomanian Journal of Economic Forecastingen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectdemand for moneyen_US
dc.subjecttransition economiesen_US
dc.subjectpanel unit root testen_US
dc.subjectfeasible GLSen_US
dc.titleThe demand for money in transition economiesen_US
dc.typeArticleen_US

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