The demand for money in Greece: evidence through a shopping-time technology model and cointegration
Journal of Economics and Business - SPOUDAI
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Title |
The demand for money in Greece: evidence through a shopping-time technology model and cointegration
The demand for money in Greece: evidence through a shopping-time technology model and cointegration |
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Creator |
Απέργης, Νικόλαος Ε.
Καρπέτης, Χ. Κωτσιοπούλου, Α. Μιτακίδου, Ε. Τσιακίρη, Θ. |
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Subject |
Επενδύσεις; Χρήμα
Money; Money supply; Demand of money; Greece |
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Description |
The objective of this paper is to estimate a long-run version of money demand in Greece through cointegration tests and over the period 1978-1995. The feature that distinguishes this paper from the conventional ad-hoc money demand models is that the money demand function is derived through a shopping-time technology which seems the proper approach when the reason for holding money balances is the motive of minimizing the transactions costs. |
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Publisher |
University of Piraeus
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Date |
1999-01-01
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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Format |
application/pdf
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Identifier |
http://spoudai.unipi.gr/index.php/spoudai/article/view/1102
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Source |
SPOUDAI - Journal of Economics and Business; Vol 49, No 1-4 (1999); 33-45
2241-424X 1105-8919 |
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Language |
eng
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Relation |
http://spoudai.unipi.gr/index.php/spoudai/article/view/1102/1181
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Rights |
Copyright (c) 1999 SPOUDAI - Journal of Economics and Business
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