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Demand for money in Thailand
[journal article]
Abstract After a brief review of recent literature, new estimates on a long run of annual observations of the Thai demand for all the standard measures of money are presented. The results demonstrate that the demand for real money balances is a stable function of a scale variable and a coherent measure of op... view more
After a brief review of recent literature, new estimates on a long run of annual observations of the Thai demand for all the standard measures of money are presented. The results demonstrate that the demand for real money balances is a stable function of a scale variable and a coherent measure of opportunity cost, with all the properties predicted by economic theory.... view less
Classification
National Economy
Document language
English
Publication Year
2009
Page/Pages
p. 1269-1276
Journal
Applied Economics, 41 (2009) 10
DOI
https://doi.org/10.1080/00036840601019398
ISSN
1466-4283
Status
Postprint; peer reviewed
Licence
PEER Licence Agreement (applicable only to documents from PEER project)