On the Stability of Money Demand in Ghana : A Bounds Testing Approach /

This paper adopts the bounds testing procedure developed by Pesaran and others (2001) to test the stability of the long-run money demand for Ghana. The results provide strong evidence for the presence of a stable, well-identified long-run money demand during a period of substantial changes in the fi...

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Bibliographic Details
Main Author: Kovanen, Arto
Other Authors: Dagher, Jihad
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2011.
Series:IMF Working Papers; Working Paper ; No. 2011/273
Online Access:Full text available on IMF