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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
 
Creator Απέργης, Νικόλαος Ε.
Καρπέτης, Χ.
Κωτσιοπούλου, Α.
Μιτακίδου, Ε.
Τσιακίρη, Θ.
 
Subject Επενδύσεις; Χρήμα
Money; Money supply; Demand of money; Greece
 
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.
 
Publisher University of Piraeus
 
Date 1999-01-01
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://spoudai.unipi.gr/index.php/spoudai/article/view/1102
 
Source SPOUDAI - Journal of Economics and Business; Vol 49, No 1-4 (1999); 33-45
2241-424X
1105-8919
 
Language eng
 
Relation http://spoudai.unipi.gr/index.php/spoudai/article/view/1102/1181
 
Rights Copyright (c) 1999 SPOUDAI - Journal of Economics and Business