文章基本信息

标题：POST STABILIZATION ESTIMATES OF MONEY DEMAND IN CROATIA: ERROR CORRECTION MODEL USING THE BOUNDS TESTING APPROACH
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作者：Payne, James E.
期刊名称：Economic Trends and Economic Policy
印刷版ISSN：1330-187X
出版年度：2003
卷号：12
期号：93
页码：39-53
出版社：The Institute of Economics and Ministry of Finance of the Republic of Croatia
摘要：The paper estimates an error correction model of money demand for Croatia over the post-stabilization period based on the ARDL bounds testing procedure. While industrial production is statistically insignificant for both the M1 and M1A money demand specifications, interest rates, inflation, and the statistically significant impact. The error correction money demand models appear structurally stable based on the cumulative sum and cumulative sum of squares test.