Changes in structure of demand for money in four crisis affected Asian countries
by Waranya Atchariyachanvanich
Title: | Changes in structure of demand for money in four crisis affected Asian countries |
Other title(s): | Changes in structure of demand for money after the 1997 Asian crisis |
Author(s): | Waranya Atchariyachanvanich |
Contributor(s): | Assumption University. Martin de Tours School of Management and Economics |
Issued date: | 2003 |
Publisher: | Assumption University |
Citation: | AU Journal of Management 1, 1 (September-March 2003), 1-14 |
Abstract: |
This paper performs a comparative analysis on structures of demand for money before and after the 1997 Asian Crisis by constructing cointegration and error-correction models, utilizing monthly observations under an open-economy framework. The findings postulate the differences in the nature of long-run relationships in periods before and after the Asian crisis, as well as speed of adjustment towards equilibrium among ASIA-4: Korea, Malaysia, the Philippines and Thailand. Interest rate policy interventions have no influence on short-run relationship of demand for money function. |
Description: |
In English ; only abstract in English. |
Subject(s): | Assumption University -- Periodicals
Financial crises -- Asia Money -- Asia Finance -- Asia Asia -- Economic conditions |
Keyword(s): | AU Journal of Management
AU Journal of Management -- 2003 |
Resource type: | Journal Article |
Type: | Text |
File type: | application/pdf |
Language: | eng |
Rights: | This work is protected by copyright. Reproduction or distribution of the work in any format is prohibited without written permission of the copyright owner. |
URI: | http://repository.au.edu/handle/6623004553/14784 |
Files in this item (EXCERPT) |
|
| View auj-management-abstract-14784.pdf ( 1,257.08 KB ) |
This item appears in the following Collection(s) |
|