BibTex RIS Cite

Empirical Analysis of Money Demand Function with Economic Uncertainty

Year 2015, Volume: 5 Issue: 1, 98 - 105, 01.03.2015

Abstract

The studies on the demand for money rarely focus on the economic uncertainty rather than the scale variable (i.e., output), opportunity cost variables (i.e., interest rate and inflation rate) and external variable (i.e., exchange rate). To overcome this matter, this paper examines the relationships between the demand for money and economic uncertainty in 9 selected countries, including 4 selected developed countries and 5 selected developing countries. The findings suggest that the optimal economic uncertainty index can serve as an uncertainty indicator in signaling central bank’s economic policy decision making. This paper also suggests that the output, interest rate, inflation rate and exchange rate are useful indicators for the central bank’s economic policy decision making.

Year 2015, Volume: 5 Issue: 1, 98 - 105, 01.03.2015

Abstract

There are 0 citations in total.

Details

Other ID JA22SD57AK
Journal Section Research Article
Authors

Pei-Tha Gan This is me

Siew-Yong Lim This is me

Mohd Yahya bin Mohd Hussin This is me

Fidlizan bin Muhammad This is me

Publication Date March 1, 2015
Published in Issue Year 2015 Volume: 5 Issue: 1

Cite

APA Gan, P.-T., Lim, S.-Y., Hussin, M. Y. b. M., Muhammad, F. b. (2015). Empirical Analysis of Money Demand Function with Economic Uncertainty. International Journal of Economics and Financial Issues, 5(1), 98-105.
AMA Gan PT, Lim SY, Hussin MYbM, Muhammad Fb. Empirical Analysis of Money Demand Function with Economic Uncertainty. IJEFI. March 2015;5(1):98-105.
Chicago Gan, Pei-Tha, Siew-Yong Lim, Mohd Yahya bin Mohd Hussin, and Fidlizan bin Muhammad. “Empirical Analysis of Money Demand Function With Economic Uncertainty”. International Journal of Economics and Financial Issues 5, no. 1 (March 2015): 98-105.
EndNote Gan P-T, Lim S-Y, Hussin MYbM, Muhammad Fb (March 1, 2015) Empirical Analysis of Money Demand Function with Economic Uncertainty. International Journal of Economics and Financial Issues 5 1 98–105.
IEEE P.-T. Gan, S.-Y. Lim, M. Y. b. M. Hussin, and F. b. Muhammad, “Empirical Analysis of Money Demand Function with Economic Uncertainty”, IJEFI, vol. 5, no. 1, pp. 98–105, 2015.
ISNAD Gan, Pei-Tha et al. “Empirical Analysis of Money Demand Function With Economic Uncertainty”. International Journal of Economics and Financial Issues 5/1 (March 2015), 98-105.
JAMA Gan P-T, Lim S-Y, Hussin MYbM, Muhammad Fb. Empirical Analysis of Money Demand Function with Economic Uncertainty. IJEFI. 2015;5:98–105.
MLA Gan, Pei-Tha et al. “Empirical Analysis of Money Demand Function With Economic Uncertainty”. International Journal of Economics and Financial Issues, vol. 5, no. 1, 2015, pp. 98-105.
Vancouver Gan P-T, Lim S-Y, Hussin MYbM, Muhammad Fb. Empirical Analysis of Money Demand Function with Economic Uncertainty. IJEFI. 2015;5(1):98-105.