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Cointegration, structural breaks and the demand for money in Bangladesh

Rao, Bhaskara B. and Kumar, Saten (2009) Cointegration, structural breaks and the demand for money in Bangladesh. Applied Economics, 41 (10). pp. 1277-1283. ISSN 0003-6846

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Abstract

This article allows for endogenous structural breaks in the cointegration equation and investigates if there is a stable demand for money for Bangladesh. We have used the Gregory and Hansen framework and found that there was an intercept shift and a well-determined and stable demand for money in Bangladesh exists.

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: 24 May 2009 04:04
Last Modified: 14 Feb 2022 22:40
URI: https://repository.usp.ac.fj/id/eprint/1229

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