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Financial Liberalization and Demand for Money: A Case of Pakistan
16 references·2 citing·31 second hop
Financial Liberalization and Demand for Money: A Case of Pakistan (2013)Financial Liberalization and Demand for M…The saving and investment nexus for China: evidence from cointegration tests (2005)The saving and investment nex…Stability of the money demand function in Asian developing countries (2005)Stability of the money demand…Bounds testing approaches to the analysis of level relationships (2001)Bounds testing approaches to …A Survey of Recent Empirical Money Demand Studies (2000)A Survey of Recent Empirical …The demand for money in developing countries: Assessing the role of financial innovation (1995)The demand for money in devel…A Stastistical Analysis of Cointegration for I(2) Variables (1995)A Stastistical Analysis of Co…Income Velocity and Institutional Change: Some New Time Series Evidence, 1870-1986 (1993)Income Velocity and Instituti…The Demand for Money in the United States: Evidence from Cointegration Tests (1991)The Demand for Money in the U…A Monte Carlo Study of the Effects of Structural Breaks on Tests for Unit Roots (1991)A Monte Carlo Study of the Ef…The Great Crash, the Oil Price Shock, and the Unit Root Hypothesis (1989)The Great Crash, the Oil Pric…Long-run Income and Interest Elasticities of Money Demand in the United States (1989)Long-run Income and Interest …Statistical analysis of cointegration vectors (1988)Statistical analysis of coint…Co-Integration and Error Correction: Representation, Estimation, and Testing (1987)Co-Integration and Error Corr…The Economics of Money, Banking and Financial Markets (1986)The Economics of Money, Banki…Liquidity Preference as Behavior Towards Risk (1958)Liquidity Preference as Behav…Studies in the Quantity Theory of Money (1957)Studies in the Quantity Theor…Financial innovation and the stability of money demand in Nigeria (2022)Financial innovation and the …The stability of demand for money in the proposed Southern African Monetary Union (2019)The stability of demand for m…Distribution of the Estimators for Autoregressive Time Series with a Unit Root (1979)Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root (1981)An econometric study of CO2 emissions, energy consumption, income and foreign trade in Turkey (2009)Modelling Asymmetric Cointegration and Dynamic Multipliers in a Nonlinear ARDL Framework (2014)MAXIMUM LIKELIHOOD ESTIMATION AND INFERENCE ON COINTEGRATION — WITH APPLICATIONS TO THE DEMAND FOR MONEY (1990)The causal relationship between electricity consumption and economic growth in the ASEAN countries (2005)Oil prices, inflation and interest rates in a structural cointegrated VAR model for the G-7 countries (2007)Does globalization impede environmental quality in India? (2015)A Simple Estimator of Cointegrating Vectors in Higher Order Integrated Systems (1993)Further Evidence on the Great Crash, the Oil-Price Shock, and the Unit-Root Hypothesis (2002)On the relationship between energy consumption, CO2 emissions and economic growth in Europe (2010)The effects of financial development, economic growth, coal consumption and trade openness on CO2 emissions in South Africa (2013)CO2 emissions, energy consumption, economic and population growth in Malaysia (2014)Testing for a Unit Root in Time Series Regression (1988)The Dynamic Effects of Aggregate Demand and Supply Disturbances (1988)ARCH modeling in finance (1992)Distribution of the Estimators for Autoregressive Time Series With a Unit Root (1979)Estimation and Hypothesis Testing of Cointegration Vectors in Gaussian Vector Autoregressive Models (1991)PANEL COINTEGRATION: ASYMPTOTIC AND FINITE SAMPLE PROPERTIES OF POOLED TIME SERIES TESTS WITH AN APPLICATION TO THE PPP HYPOTHESIS (2004)Money and growth: An alternative approach (1994)The monetary model of the exchange rate: long-run relationships, short-run dynamics and how to beat a random walk (1994)European Integration and the Demand for Broad Money (2005)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Risk, Return, and Equilibrium: Empirical Tests (1973)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)Inflation and Welfare (2000)Serial Correlation as a Convenient Simplification, not a Nuisance: A Comment on a Study of the Demand for Money by the Bank of England (2000)The Theory of Rationally Heterogeneous Expectations: Evidence from Survey Data on Inflation Expectations (2004)Predictability of Stock Returns: Robustness and Economic Significance (1995)Toward a Comparative Institutional Analysis (2002)Beyond carbon pricing: The role of banking and monetary policy in financing the transition to a low-carbon economy (2016)
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References

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  • 1991A Monte Carlo Study of the Effects of Structural Breaks on Tests for Unit Roots

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74 cited
  • 1993Income Velocity and Institutional Change: Some New Time Series Evidence, 1870-198673 cited
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    • 2022Financial innovation and the stability of money demand in Nigeria14 cited
    • 2019The stability of demand for money in the proposed Southern African Monetary Union13 cited