Many applied economists face problems in selecting an appropriate technique to estimate
short and long-run relationships with the time series methods. This article reviews three …

The present study is designed to investigate short-run and long-run linkage between school
education and economic growth in Pakistan using annual time series data on real GDP, real …

This study examines the demand for money in Hungary using the autoregressive distributed
lag (ARDL) cointegration framework. The results based on the bounds testing procedure …

Purpose–Studies that have addressed the stability of the demand for money in African
countries are rare. A few papers have addressed the issue in a small number of individual …

Purpose‐The purpose of this paper is to empirically investigate the money demand function
for five Southeast Asian countries, viz. Malaysia, Thailand, Singapore, the Philippines, and …

Monetary policy in Nigeria aims is to achieve price and monetary stability. During the 1980s
and 1990s, monetary targeting was the dominant monetary policy framework in Nigeria …

A stable money demand function is essential when using monetary aggregate as a
monetary policy. Thus, there is need to examine the stability of the money demand function …

Alternative panel data estimation methods are used to estimate the cointegrating equations
for the demand for money (M1) for a panel of 14 Asian countries from 1970 to 2005. The …

Saudi Arabia is an open oil-based economy with fixed exchange rates; therefore, it has
limited monetary policy autonomy. Using non-linear autoregressive distributed lag …

We revisit the issue of stable demand for money, using quarterly data for the European
Monetary Union, India, Israel, Poland, the UK, and the US. We investigate the long-term …