The Estimation of Demand for Money by Using Time- Series & co-integration in Iran

مصطفوی مصطفوی؛ kazem یاوری

دوره 14، شماره 20 ، مهر 1386

https://doi.org/10.22067/pm.v14i20.233

چکیده
  This paper provides a critical review of the estimation of demand for money in the short and long rum. In doing so, first the main effective factors of the demand for money from the point of view of monetarists is explained. Then a short report about the existing studies on the demand for money in Iranصs economy is presented with special emphasis on their shortcomings and problems. Time-series and co-integration with quarterly data for pure post-revolutionary period are applied. The stationarity of data has been investigated via ADF test. The applied model in this study deals with GDP, inflation, ...  بیشتر