Interest free and interest-bearing money demand
Subtitle: policy invariance and stability
By: Amir Kia.
Series: Working paper ;; 0214; Working paper (Economic Research Forum for the Arab Countries, Iran, and Turkey : Online) ;; 0214.
Publisher: Economic Research Forum for the Arab Countries, Iran & Turkey
Published: 2002
Place of publication: Cairo, Egypt
Language: eng
Format: Electronic resource
Subjects: Demand for money -- Iran -- Econometric models.
Description: "This paper, using quarterly Iranian data for the period 1966-1998, extends the literature by investigating the stability of the interest-free money demand function.  The study also examines the stability of economic agents' behavior in demanding interest-bearing and interest-free money.  It was found that, contrary to interest-bearing demand for money, both short and long run demand for interest-free money functions are stable and their coefficients are invariant with respect to policy and other exogenous shocks, as well as changes in regime"-- Economic Research Forum for the Arab Countries, Iran and Turkey web site.
Notes: Also available in print.
Includes bibliographical references.
Title from PDF file as viewed on 1/27/2005.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.