Jayaraman, Tiruvalangadu K. and Choong, C.K. (2009) Is money endogenous in Pacific Island countries? Journal of Eastern Caribbean Studies, 34 (3). pp. 67-77. ISSN 1028-8813
Full text not available from this repository.Abstract
The article discusses the results of a study on the endogeneity of money in several Pacific Island countries (PIC) using some econometric methods. It states the statistical significance of a narrow money, which would indicate the possibility that an increase in the reserve would result in greater narrow money in the long term. Based on Granger Casuality Test, a bi-directional causality was observed between aggregates and reserve money for Fiji and Vanuatu. It was noted both Fiji and Vanuatu cannot depend on reserve money.
| Item Type: | Journal Article |
|---|---|
| Subjects: | H Social Sciences > HG Finance |
| Divisions: | Faculty of Business and Economics (FBE) > School of Economics |
| Depositing User: | Ms Neha Harakh |
| Date Deposited: | 26 May 2009 21:24 |
| Last Modified: | 30 Jan 2012 22:24 |
| URI: | https://repository.usp.ac.fj/id/eprint/1086 |
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