Research Reviews of Stability of Broad Money Demand

被引:0
作者
Xie, Ailin [1 ]
Zhao, Ping [1 ]
机构
[1] 319 Honghe Ave, Chongqing 402160, Peoples R China
来源
PROCEEDINGS OF THE 2017 INTERNATIONAL CONFERENCE ON SPORTS, ARTS, EDUCATION AND MANAGEMENT ENGINEERING (SAEME 2017) | 2017年 / 105卷
关键词
Money demand; Stability; Interest rates; GDP; COINTEGRATION;
D O I
暂无
中图分类号
C [社会科学总论];
学科分类号
03 ; 0303 ;
摘要
In recent decades, the stability of money demand function is on the core position of monetary economics for monetary policies will be very ineffective if the demand of money is unstable. Besides, the steady-state relationship between the determinants and money demand decides whether the monetary policy is successful. This study has reviewed previous researches and the key factors and their relationships with stability of broad money demand are disclosed by theoretical and empirical results.
引用
收藏
页码:327 / 331
页数:5
相关论文
共 27 条
[1]  
ANDO A, 1975, BROOKINGS MODEL PERS, P560
[2]  
Baumol W. J., 1952, Q J ECON, P66
[3]  
BEKX P, 1989, CAH ECON BRUX, P329
[4]  
Boughton J. M., 1990, IMF WORKING PAPER, P1
[5]   Fractional cointegration and aggregate money demand functions [J].
Caporale, GM ;
Gil-Alana, LA .
MANCHESTER SCHOOL, 2005, 73 (06) :737-753
[6]   THE ROLE OF MONEY SUPPLY SHOCKS IN THE SHORT-RUN DEMAND FOR MONEY [J].
CARR, J ;
DARBY, MR .
JOURNAL OF MONETARY ECONOMICS, 1981, 8 (02) :183-199
[7]   THE DEMAND FOR MONEY IN A SMALL OPEN-ECONOMY - THE CASE OF SWITZERLAND [J].
CHOWDHURY, AR .
OPEN ECONOMIES REVIEW, 1995, 6 (02) :131-144
[8]  
Deadman D., 1981, INDIAN ECON J, V29, P41
[9]   COINTEGRATION AND ERROR CORRECTION - REPRESENTATION, ESTIMATION, AND TESTING [J].
ENGLE, RF ;
GRANGER, CWJ .
ECONOMETRICA, 1987, 55 (02) :251-276
[10]   INTERNATIONAL EVIDENCE ON THE DEMAND FOR MONEY [J].
FAIR, RC .
REVIEW OF ECONOMICS AND STATISTICS, 1987, 69 (03) :473-480