THE STABILITY OF MONEY DEMAND FUNCTION: EVIDENCE FROM SOUTH AFRICA

  • Omar F
  • Hussein A
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Abstract

The main purpose of this paper is to assess whether the Money Demand Function is stable in South Africa by employing the Johansen co-integration and the Vector Error Correction Model. The results indicate unstable money demand function among its determinant …

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Omar, F. A., & Hussein, A. M. (2020). THE STABILITY OF MONEY DEMAND FUNCTION: EVIDENCE FROM SOUTH AFRICA. International Journal of Economics and Financial Issues, 10(5), 16–22. https://doi.org/10.32479/ijefi.9799

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