Dollarization and money demand stability in Bolivia
Economics and Business Letters
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Title |
Dollarization and money demand stability in Bolivia
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Creator |
Montero Kuscevic, Casto Martin
Martin, Darius Daniel |
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Description |
This paper investigates the long-run money demand stability in Bolivia over the period 1990-2014 using a variety of estimators, namely, dynamic OLS, fully modified OLS, and canonical co-integrating regressions. Our results are robust and reveal that long-run money demand instability has been reversed even with persistent inflation volatility. We also show that de-dollarization is associated with money demand stabilization.
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Publisher |
Oviedo University Press
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Contributor |
—
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Date |
2015-11-10
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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://www.unioviedo.es/reunido/index.php/EBL/article/view/10838
10.17811/ebl.4.3.2015.116-122 |
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Source |
Economics and Business Letters; Vol 4, No 3 (2015): September - Special Issue Energy demand forecasting; 116-122
Economics and Business Letters; Vol 4, No 3 (2015): September - Special Issue Energy demand forecasting; 116-122 2254-4380 10.17811/ebl.4.3.2015 |
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Language |
eng
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Relation |
http://www.unioviedo.es/reunido/index.php/EBL/article/view/10838/10536
http://www.unioviedo.es/reunido/index.php/EBL/article/downloadSuppFile/10838/696 |
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Rights |
Copyright (c) 2015 Economics and Business Letters
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