A TIMEWISE SPECIFICATION SENSITIVE LOOK at MONEY DEMAND: AN ANALYSIS of US DATA

Ismail Genc

doi:10.1142/S2010495207500030

A TIMEWISE SPECIFICATION SENSITIVE LOOK at MONEY DEMAND: AN ANALYSIS of US DATA

Ismail Genc

American University of Sharjah
University of Idaho

Araştırma çıktısı: Dergi yayını › Makale › Hakem

Özet

This paper analyses the money demand relationship with a clear distinction in the functional forms of short- and long-run. It is shown that there is a long-run relationship between money and income, and that money demand declines after a certain level of income is achieved in the short-run. Demand tends to converge to its long-run levels. Credit has a negative but statistically insignificant impact on money demand.

Orijinal dil	İngilizce
Makale numarası	7500030
Dergi	Annals of Financial Economics
Hacim	3
Basın numarası	1
DOI'lar	https://doi.org/10.1142/S2010495207500030
Yayın durumu	Yayınlandı - 1 Haz 2007
Harici olarak yayınlandı	Evet

Bibliyografik not

Publisher Copyright:
© 2007 World Scientific Publishing Company.

Belgeye Erişim

10.1142/S2010495207500030

Diğer Dosyalar ve Linkler

Link to publication in Scopus

Alıntı Yap

@article{e7cf251fa6294617aa49bd0e5b48a49f,

title = "A TIMEWISE SPECIFICATION SENSITIVE LOOK at MONEY DEMAND: AN ANALYSIS of US DATA",

abstract = "This paper analyses the money demand relationship with a clear distinction in the functional forms of short- and long-run. It is shown that there is a long-run relationship between money and income, and that money demand declines after a certain level of income is achieved in the short-run. Demand tends to converge to its long-run levels. Credit has a negative but statistically insignificant impact on money demand.",

keywords = "Nonlinearity, TAR, money demand",

author = "Ismail Genc",

note = "Publisher Copyright: {\textcopyright} 2007 World Scientific Publishing Company.",

year = "2007",

month = jun,

day = "1",

doi = "10.1142/S2010495207500030",

language = "English",

volume = "3",

journal = "Annals of Financial Economics",

issn = "2010-4952",

publisher = "World Scientific",

number = "1",

}

TY - JOUR

T1 - A TIMEWISE SPECIFICATION SENSITIVE LOOK at MONEY DEMAND

T2 - AN ANALYSIS of US DATA

AU - Genc, Ismail

PY - 2007/6/1

Y1 - 2007/6/1

N2 - This paper analyses the money demand relationship with a clear distinction in the functional forms of short- and long-run. It is shown that there is a long-run relationship between money and income, and that money demand declines after a certain level of income is achieved in the short-run. Demand tends to converge to its long-run levels. Credit has a negative but statistically insignificant impact on money demand.

AB - This paper analyses the money demand relationship with a clear distinction in the functional forms of short- and long-run. It is shown that there is a long-run relationship between money and income, and that money demand declines after a certain level of income is achieved in the short-run. Demand tends to converge to its long-run levels. Credit has a negative but statistically insignificant impact on money demand.

KW - Nonlinearity

KW - TAR

KW - money demand

UR - https://www.scopus.com/pages/publications/85121998354

U2 - 10.1142/S2010495207500030

DO - 10.1142/S2010495207500030

M3 - Article

AN - SCOPUS:85121998354

SN - 2010-4952

VL - 3

JO - Annals of Financial Economics

JF - Annals of Financial Economics

IS - 1

M1 - 7500030

ER -

A TIMEWISE SPECIFICATION SENSITIVE LOOK at MONEY DEMAND: AN ANALYSIS of US DATA

Özet

Bibliyografik not

Belgeye Erişim

Diğer Dosyalar ve Linkler

Parmak izi

Alıntı Yap