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dc.contributor.supervisor Rockerbie, Duane
dc.contributor.author Dossou, Theresah D.
dc.contributor.author University of Lethbridge. Faculty of Arts and Science
dc.date.accessioned 2019-08-28T16:07:23Z
dc.date.available 2019-08-28T16:07:23Z
dc.date.issued 2019
dc.identifier.uri https://hdl.handle.net/10133/5530
dc.description.abstract This study uses cross-sectional time-series data from five (5) countries in estimating a money demand function. We found valid and consistent results for the money demand model and established a stable long run relationship between money demand and its regressors: real output, exchange rate, inflation rate and long and short-term interest rate. Stability tests conducted showed the presence of structural breaks possibly due to changes in monetary regimes and other financial deregulations. Money demand elasticities play a vital role in monetary policy formulation and the existence of a stable demand for money is very important, even in the use of inflation targeting, for the conduct of monetary policy even though its impact may not be explicitly seen. en_US
dc.language.iso en_US en_US
dc.publisher Lethbridge, Alta. : University of Lethbridge, Department of Economics en_US
dc.relation.ispartofseries Thesis (University of Lethbridge. Faculty of Arts and Science) en_US
dc.subject cointegration en_US
dc.subject elasticity en_US
dc.subject monetary policy en_US
dc.subject money demand en_US
dc.subject stability en_US
dc.subject Dissertations, Academic en_US
dc.title The role of money demand in monetary policy en_US
dc.type Thesis en_US
dc.publisher.faculty Arts and Science en_US
dc.publisher.department Department of Economics en_US
dc.degree.level Masters en_US
dc.proquest.subject 0501 en_US
dc.proquest.subject 0511 en_US
dc.proquestyes Yes en_US


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