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...

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Détails bibliographiques
Auteur principal: Sriram, Subramanian
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 1999.
Collection:IMF Working Papers; Working Paper ; No. 1999/173
Accès en ligne:Full text available on IMF