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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| 格式: | 杂志 |
| 语言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
1999.
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| 丛编: | IMF Working Papers; Working Paper ;
No. 1999/173 |
| 在线阅读: | Full text available on IMF |