Demand for Money in Mozambique : Was There a Structural Break?

Was There a Structural Break?

Demand for Money in Mozambique : Was There a Structural Break?
The paper provides estimates of an error-correction model of the demand for narrow money (M1) and broad money (M2) in Mozambique. In addition, it assesses whether the rapid growth in money balances during 1996-97 represents a structural break or can be associated with the rapidly expanding economic activity and lower opportunity costs of holding... READ MORE...

Publication date: November 1998
ISBN 9781451857467
$15.00

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