Rao, B. Bhaskara and Kumar, Saten (2007): Cointegration, structural breaks and the demand for money in Bangladesh. Unpublished.
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This paper allows for endogenous structural breaks in the cointegration equation and investigates if there is a stable demand for money for Bangladesh. We have used the Gregory and Hansen framework and found that there was an intercept shift and a well- determined and stable demand for money in Bangladesh exists.
| Item Type: | MPRA Paper |
|---|---|
| Institution: | University of the South Pacific |
| Language: | English |
| Keywords: | Endogenous structural breaks; Gregory and Hansen method; Demand for money; Bangladesh |
| Subjects: | E - Macroeconomics and Monetary Economics > E4 - Money and Interest Rates > E40 - General E - Macroeconomics and Monetary Economics > E4 - Money and Interest Rates |
| ID Code: | 1546 |
| Deposited By: | B. Bhaskara Rao |
| Deposited On: | 20. Jan 2007 |
| Last Modified: | 28. Jul 2011 15:56 |
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