Demand for money and the conduct of monetary policy in developing countries

Gemech, Firdawek Lemma (1990) Demand for money and the conduct of monetary policy in developing countries. PhD thesis, University of Glasgow.

Abstract

Conventional error-correction and cointegration techniques are utilized to derive demand for money models for eleven developing countries. The performance of these models is assessed using a battery of statistical tests than is commonly reported in previous studies. We show that the cointegration equations outperform the conventional error-correction specifications in terms of statistical and theoretical considerations.

• Item Type: Thesis (PhD)
• Qualification Level: Doctoral
• Keywords: Economics, finance.
• Subjects: H Social Sciences > HB Economic Theory; H Social Sciences > HG Finance
• Colleges/Schools: College of Social Sciences
• Date of Award: 1990
• Depositing User: Enlighten Team
• Unique ID: glathesis:1990-77011
• Copyright: Copyright of this thesis is held by the author.
• Date Deposited: 14 Jan 2020 09:24
• Last Modified: 29 Mar 2020 13:35
• Thesis DOI: 10.5525/gla.thesis.77011
• URI: https://theses.gla.ac.uk/id/eprint/77011