English, Article edition: The roles of the exchange rate and the foreign interest rate in Estonia's money demand function and policy implications Yu Hsing

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/50855
Physical Description
  • article
Language
  • English

Edition details

Title
  • The roles of the exchange rate and the foreign interest rate in Estonia's money demand function and policy implications
Author
  • Yu Hsing
Physical Description
  • article
Notes
  • The demand for real M2 in Estonia is positively influenced by real income, real stock prices and the depreciation of the kroon, and negatively associated with the deposit rate, the euro interest rate and the expected inflation rate. Hence, a higher euro interest rate would help raise Estonian real output, and the depreciation of the kroon may or may not raise real output. The Box-Cox transformation test shows that the double-log form cannot be rejected at the 5% level while the linear form can be rejected at the 5% level. The CUSUMSQ test shows that parameters in the money demand function are stable.
  • RePEc:taf:apfelt:v:3:y:2007:i:4:p:221-224
Language
  • English
Contributed by
OAIster

Get this edition

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment