The demand for money in Greece: evidence through a shopping-time technology model and cointegration

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The demand for money in Greece: evidence through a shopping-time technology model and cointegration (EL)
The demand for money in Greece: evidence through a shopping-time technology model and cointegration (EN)

Κωτσιοπούλου, Α.
Μιτακίδου, Ε.
Απέργης, Νικόλαος Ε.
Καρπέτης, Χ.
Τσιακίρη, Θ.

info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

1999-01-01


The objective of this paper is to estimate a long-run version of money demand in Greece through cointegration tests and over the period 1978-1995. The feature that distinguishes this paper from the conventional ad-hoc money demand models is that the money demand function is derived through a shopping-time technology which seems the proper approach when the reason for holding money balances is the motive of minimizing the transactions costs. (EN)


Χρήμα (EL)
Επενδύσεις (EL)
Greece (EN)
Money (EN)
Money supply (EN)
Demand of money (EN)

Σπουδαί - Journal of Economics and Business

English

University of Piraeus (EN)


1105-8919
2241-424X
SPOUDAI - Journal of Economics and Business; Vol 49, No 1-4 (1999); 33-45 (EN)

Copyright (c) 1999 SPOUDAI - Journal of Economics and Business (EN)




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