measuring monetary seigniorage through estimating the money demand function in iran

Estimating And Forecasting Demand For Broad Money In Iran Through Cointegration Analysis And Stochastic Simulation

estimating and forecasting demand for broad money in iran through cointegration analysis and stochastic simulation

Estimation of Money Demand Function in Iran Including Households Religious Costs: A NARDL Approach

Money demand determinants vary in every economy. There are many studies about Iran money demand function, which employed different variables and estimation methods. In this study, broad money (M2) is dependent variable and GDP, interest rate, exchange rate and household religious costs are descriptive variables. Household religious costs (urban and rural) are included in Iran money demand funct...

Estimation Of The Demand For Money In Iran

Interest rate, money demand and seigniorage: The Chinese hyperinflation 1946¬タモ1949 ¬リニ

Article history: Received 16 March 2014 Received in revised form 3 May 2015 Accepted 8 May 2015 Available online 15 May 2015 The lack of an observable variable measuring inflationary expectation has been a major difficulty in empirical work on hyperinflation. In this paper we propose a direct measure of expectations—the black-market interest rate in Shanghai—and study the behavior of money dema...

Estimating a European Demand for Money

European Monetary Union will come into existence in 1999. This raises questions related to the monetary policy targets that will be adopted by the European Central Bank (ECB). For both likely candidates, targeting a money aggregate or an inflation target, the existence of a stable money demand function at a European level is important. In this paper estimates of such a European money demand for...