Qayyum, Abdul (1999): Demand for Money By Business Sector in a Developing Country: Evidence from Pakistan. Published in: Kashmir Economic Review , Vol. 7, No. 1 (1999)
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The paper provides estimate of money (M2) demand for business sector in Pakistan. By using cointegartion analysis and erropr correction mechanism the study found that business sectors money demand behaviour is completely different from the aggregate money demand function. The rate of interest on advances is important determinent of money demand by the business sector.
| Item Type: | MPRA Paper |
|---|---|
| Institution: | Kashmir Institute of Development Studies |
| Language: | English |
| Keywords: | Money Demand; Business Sector; Unit Root; Cointegration; Error Correction; Pakistan |
| Subjects: | E - Macroeconomics and Monetary Economics > E4 - Money and Interest Rates > E41 - Demand for Money |
| ID Code: | 2583 |
| Deposited By: | Abdul Qayyum |
| Deposited On: | 05. Apr 2007 |
| Last Modified: | 07. Nov 2007 02:35 |
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