The Demand for Money in Developing Countries : Assessing the Role of Financial innovation /
Traditional specifications of money demand have been commonly plagued by persistent overprediction, implausible parameter estimates, and highly autocorrelated errors. This paper argues that some of those problems stem from the failure to account for the impact of financial innovation. We estimate mo...
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| Diğer Yazarlar: | , , |
| Materyal Türü: | Dergi |
| Dil: | English |
| Baskı/Yayın Bilgisi: |
Washington, D.C. :
International Monetary Fund,
1991.
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| Seri Bilgileri: | IMF Working Papers; Working Paper ;
No. 1991/045 |
| Online Erişim: | Full text available on IMF |