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Money Demand Equation in Ukraine: Applied Macroeconomic Modeling and Forecasting
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(Buch) |
Dieser Artikel gilt, aufgrund seiner Grösse, beim Versand als 2 Artikel!
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| The stability of the money demand equation allows central banks to conduct predictable monetary policy and use money targeting as a policy strategy. That is why, the existence of a stable money demand equation has been extensively investigated by scientists in different countries. This task is especially challenging for Ukraine due to a small number of available observations and structural changes occurring in economies of developing countries. This book consists of two parts: the first part is devoted to testing the stability of the money demand equation with standard cointegration analysis based on unit root tests and long-memory cointegration analysis, while the second part describes the process of creation and testing a parsimonious forecasting model. The book should be useful to professionals in applied econometrics and macroeconomics, especially to ones developing and testing models for emerging economies. |
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i.d.R. innert 7-14 Tagen versandfertig
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