Demand for money in Thailand

被引:3
|
作者
Sumner, M. [1 ]
机构
[1] Univ Sussex, Dept Econ, Brighton BN1 9SN, England
关键词
MONETARY APPROACH; EXCHANGE-RATE;
D O I
10.1080/00036840601019398
中图分类号
F [经济];
学科分类号
02 ;
摘要
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.
引用
收藏
页码:1269 / 1276
页数:8
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