Demand For Money: Implications for The Conduct of Monetary Policy in Kenya

  • Sichei M
  • Kamau A
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Abstract

The paper analyses demand for different monetary aggregates (M0, M1, M2 and M3) in Kenya for the period 1997: 4-2011: 2. Dynamic frameworks are used to estimate and uncover parsimonious and empirically stable demand for money functions. Price, real GDP …

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Sichei, M. M., & Kamau, A. W. (2012). Demand For Money: Implications for The Conduct of Monetary Policy in Kenya. International Journal of Economics and Finance, 4(8). https://doi.org/10.5539/ijef.v4n8p72

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