The stability of money demand in China : evidence from the ARDL model
This study examines the demand for broad money (M2) in China using the autoregressive distributed lag (ARDL) cointegration framework. The results based on the bounds testing procedure confirm that a stable, long-run relationship exists between M2 and its determinants: real income, inflation, foreig...
Saved in:
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2009
|
| Online Access: | http://psasir.upm.edu.my/id/eprint/17342/1/The%20stability%20of%20money%20demand%20in%20China.pdf http://psasir.upm.edu.my/id/eprint/17342/ http://dx.doi.org/10.1016/j.ecosys.2009.06.001 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|