MONEY DEMAND FUNCTION IN THE SOUTH AFRICAN ECONOMY: EVIDENCE FROM ARDL AND STRUCTURAL BREAKS ANALYSIS

Stability of money demand remains an important issue in monetary policy effectiveness. This is because a stable money demand function is an important monetary policy tool in achieving monetary objectives and stability. This paper investigated structural breaks in money demand and its determinants in...

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Bibliographic Details
Main Authors: K.A. Sanusi, D.F. Meyer
Format: Article
Language:English
Published: Social Sciences Research Society 2018-01-01
Series:International Journal of Economics and Finance Studies
Subjects:
Online Access:http://www.sobiad.org/eJOURNALS/journal_IJEF/archieves/ijef_2018_1_ek/k-a-sanusi.pdf