MONEY DEMAND: A STUDY ON THE INDONESIAN INFLUENTIAL FACTORS
The role of money demand in monetary policy is indisputable. This study analyzes the determinants of Indonesian money demand. It uses Insukindro-Error Correction Model, based on Keynesian and Monetarist theories. It finds that model based on Monetarist theory is preferable. Estimation on the chosen...
Main Author: | |
---|---|
Format: | Article |
Language: | English |
Published: |
Universitas Islam Indonesia
2011-09-01
|
Series: | Economic Journal of Emerging Markets |
Online Access: | https://jurnal.uii.ac.id/JEP/article/view/2310 |