Demand for broad money in Singapore: does wealth matter?
We present a stable long-run relationship between real money balances and its determinants, including asset prices, to capture wealth effects. The major findings are, first, asset (housing) prices have a noticeable, positive, and a significant effect on the demand for broad money in Singapore. Devel...
| Κύριοι συγγραφείς: | , |
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| Μορφή: | Άρθρο |
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Springer
2015
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