DOES ECONOMIC CRISIS AFFECT THE DEMAND FOR MONEY: EVIDENCE FROM CROATIA?

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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Bibliographic Details
Main Author: Tonći SVILOKOS
Format: Article
Language:English
Published: “Victor Slăvescu” Centre for Financial and Monetary Research 2016-09-01
Series:Financial Studies
Subjects:
money demand
economic crisis
error correct model
autoregressive distributed lag
croatia
Online Access:http://fs.icfm.ro/vol20i3p6-27.pdf

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