Demand for M2 in an Emerging-Market Economy : An Error-Correction Model for Malaysia /

This paper analyses demand for M2 in Malaysia from August 1973 to December 1995 under both the closed- and open-economy framework. Based on the cointegration and weak-exogeneity test results, short-run dynamic error-correction models are specified and estimated. The results indicate that the demand...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Sriram, Subramanian
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 1999.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 1999/173
Online Zugang:Full text available on IMF