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...

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Bibliographic Details
Main Authors: Helmi Hamdi, Ali Said, Rashid Sbia
Format: Article
Language:English
Published: EconJournals 2015-06-01
Series:International Journal of Economics and Financial Issues
Subjects:
gcc
Online Access:https://dergipark.org.tr/tr/pub/ijefi/issue/31969/352162?publisher=http-www-cag-edu-tr-ilhan-ozturk