Currency Substitution, Capital Mobility and Functional Forms of Money Demand in Pakistan
The demand for M2 in Pakistan is positively influenced by real GDP and currency appreciation and negatively influenced by the domestic interest rate and the foreign interest rate. These findings support the concepts of international capital mobility and currency substitution. The Box-Cox transforma...
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| Glavni autor: | |
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| Format: | Artigo |
| Jezik: | Inglês |
| Izdano: |
Lahore School of Economics
2024-07-01
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| Serija: | Lahore Journal of Economics |
| Teme: | |
| Online pristup: | https://journals.lahoreschool.edu.pk/LJE/LJE/article/view/221 |
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