The demand for money in transition economies
dc.authorid | Ozturk, Ilhan/0000-0002-6521-0901 | |
dc.contributor.author | Ozturk, Ilhan | |
dc.contributor.author | Acaravci, Ali | |
dc.date.accessioned | 2024-09-18T20:15:03Z | |
dc.date.available | 2024-09-18T20:15:03Z | |
dc.date.issued | 2008 | |
dc.department | Hatay Mustafa Kemal Üniversitesi | en_US |
dc.description.abstract | This 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.endpage | 43 | en_US |
dc.identifier.issn | 1582-6163 | |
dc.identifier.issn | 2537-6071 | |
dc.identifier.issue | 2 | en_US |
dc.identifier.scopus | 2-s2.0-58449137238 | en_US |
dc.identifier.scopusquality | Q2 | en_US |
dc.identifier.startpage | 35 | en_US |
dc.identifier.uri | https://hdl.handle.net/20.500.12483/9417 | |
dc.identifier.volume | 9 | en_US |
dc.identifier.wos | WOS:000257521400002 | en_US |
dc.identifier.wosquality | N/A | en_US |
dc.indekslendigikaynak | Web of Science | en_US |
dc.indekslendigikaynak | Scopus | en_US |
dc.language.iso | en | en_US |
dc.publisher | Inst Economic Forecasting | en_US |
dc.relation.ispartof | Romanian Journal of Economic Forecasting | en_US |
dc.relation.publicationcategory | Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı | en_US |
dc.rights | info:eu-repo/semantics/closedAccess | en_US |
dc.subject | demand for money | en_US |
dc.subject | transition economies | en_US |
dc.subject | panel unit root test | en_US |
dc.subject | feasible GLS | en_US |
dc.title | The demand for money in transition economies | en_US |
dc.type | Article | en_US |