DOES ECONOMIC CRISIS AFFECT THE DEMAND FOR MONEY: EVIDENCE FROM CROATIA?
The purpose of this paper is to examine whether there are significantly different characteristics of the demand for money in Croatia in the period before and during the recession. The paper applies error correction model (ECM) and autoregressive distributed lag (ARDL) approach, estimating mo...
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| Format: | Article |
| Language: | English |
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“Victor Slăvescu” Centre for Financial and Monetary Research
2016-09-01
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| Series: | Financial Studies |
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| Online Access: | http://fs.icfm.ro/vol20i3p6-27.pdf |