On the Stability of Money Demand in Ghana : A Bounds Testing Approach

A Bounds Testing Approach

On the Stability of Money Demand in Ghana : A Bounds Testing Approach
This paper adopts the bounds testing procedure developed by Pesaran et al. (2001) to test the stability of the long-run money demand for Ghana. The results provide strong evidence for the presence of a stable, well-identified long-run money demand during a period of substantial changes in the financial markets. The empirical evidence points to... READ MORE...

Publication date: November 2011
ISBN 9781463925284
$18.00

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