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Does Interest Rate Influence Demand for Money? An Empirical Evidence from Ghana

  • Baidoo S
  • Yusif H
Economics Literature (2019) 1(1) 24-36
DOI: 10.22440/elit.1.1.2
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Abstract

This paper investigates whether interest rate influences demand money in Ghana using annual time series from 1980 to 2016. Demand for money is measured by broad monetary aggregate (M2+) whilst the rate of interest is proxied by the 91-day Treasury bill rate. Other …

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Baidoo, S. T., & Yusif, H. (2019). Does Interest Rate Influence Demand for Money? An Empirical Evidence from Ghana. Economics Literature, 1(1), 24–36. https://doi.org/10.22440/elit.1.1.2

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