Original scientific paper
POST STABILIZATION ESTIMATES OF MONEY DEMAND IN CROATIA: ERROR CORRECTION MODEL USING THE BOUNDS TESTING APPROACH
James E. Payne
Full text: english pdf 327 Kb
page 39-53
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cite
APA 6th Edition
Payne, J.E. (2002). POST STABILIZATION ESTIMATES OF MONEY DEMAND IN CROATIA: ERROR CORRECTION MODEL USING THE BOUNDS TESTING APPROACH. Privredna kretanja i ekonomska politika, 12 (93), 39-53. Retrieved from https://hrcak.srce.hr/18612
MLA 8th Edition
Payne, James E.. "POST STABILIZATION ESTIMATES OF MONEY DEMAND IN CROATIA: ERROR CORRECTION MODEL USING THE BOUNDS TESTING APPROACH." Privredna kretanja i ekonomska politika, vol. 12, no. 93, 2002, pp. 39-53. https://hrcak.srce.hr/18612. Accessed 3 May 2024.
Chicago 17th Edition
Payne, James E.. "POST STABILIZATION ESTIMATES OF MONEY DEMAND IN CROATIA: ERROR CORRECTION MODEL USING THE BOUNDS TESTING APPROACH." Privredna kretanja i ekonomska politika 12, no. 93 (2002): 39-53. https://hrcak.srce.hr/18612
Harvard
Payne, J.E. (2002). 'POST STABILIZATION ESTIMATES OF MONEY DEMAND IN CROATIA: ERROR CORRECTION MODEL USING THE BOUNDS TESTING APPROACH', Privredna kretanja i ekonomska politika, 12(93), pp. 39-53. Available at: https://hrcak.srce.hr/18612 (Accessed 03 May 2024)
Vancouver
Payne JE. POST STABILIZATION ESTIMATES OF MONEY DEMAND IN CROATIA: ERROR CORRECTION MODEL USING THE BOUNDS TESTING APPROACH. Privredna kretanja i ekonomska politika [Internet]. 2002 [cited 2024 May 03];12(93):39-53. Available from: https://hrcak.srce.hr/18612
IEEE
J.E. Payne, "POST STABILIZATION ESTIMATES OF MONEY DEMAND IN CROATIA: ERROR CORRECTION MODEL USING THE BOUNDS TESTING APPROACH", Privredna kretanja i ekonomska politika, vol.12, no. 93, pp. 39-53, 2002. [Online]. Available: https://hrcak.srce.hr/18612. [Accessed: 03 May 2024]
Abstract
The paper estimates an error correction model of money demand for Croatia over the post-stabilization period based on the ARDL bounds testing procedure. While industrial production is statistically insignificant for both the M1 and M1A money demand specifications, interest rates, inflation, and the statistically significant impact. The error correction money demand models appear structurally stable based on the cumulative sum and cumulative sum of squares test.
Keywords
Hrčak ID:
18612
URI
https://hrcak.srce.hr/18612
Publication date:
15.1.2003.
Article data in other languages:
croatian
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