Empirical Evidence on the Long-Run Money Demand Function in the GCC Countries
The broad aim of this paper is to estimate the money demand function for the case of six Gulf Cooperation Council countries. By applying panel cointegration tests, the empirical results reveal strong evidence of cointegration between the variables of the model for individual countries as well as for...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
EconJournals
2015-06-01
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Series: | International Journal of Economics and Financial Issues |
Subjects: | |
Online Access: | https://dergipark.org.tr/tr/pub/ijefi/issue/31969/352162?publisher=http-www-cag-edu-tr-ilhan-ozturk |