Changes in structure of demand for money in four crisis affected Asian countries

au.identifier.bibno 0021-0536
au.link.externalLink [Full Text](https://aujm.au.edu/index.php/aujm/article/view/147/128)
dc.contributor.author Waranya Atchariyachanvanich
dc.contributor.other Assumption University. Martin de Tours School of Management and Economics
dc.coverage.spatial Asia
dc.date.accessioned 2015-07-03T08:12:06Z
dc.date.available 2015-07-03T08:12:06Z
dc.date.issued 2003
dc.description In English ; only abstract in English.
dc.description.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.
dc.format.mimetype application/pdf
dc.identifier.citation AU Journal of Management 1, 1 (September-March 2003), 1-14
dc.identifier.uri https://repository.au.edu/handle/6623004553/14784
dc.language.iso eng
dc.publisher Assumption University
dc.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.
dc.subject AU Journal of Management
dc.subject AU Journal of Management -- 2003
dc.subject.other Assumption University -- Periodicals
dc.subject.other Financial crises -- Asia
dc.subject.other Money -- Asia
dc.subject.other Finance -- Asia
dc.subject.other Asia -- Economic conditions
dc.title Changes in structure of demand for money in four crisis affected Asian countries en_US
dc.title.alternative Changes in structure of demand for money after the 1997 Asian crisis
dc.type Text
dcterms.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.
mods.genre Journal Article
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
auj-management-abstract-14784.pdf
Size:
1.23 MB
Format:
Adobe Portable Document Format
Description:
Abstract
Excerpt bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
auj-management-abstract-14784.pdf
Size:
1.23 MB
Format:
Adobe Portable Document Format
Description:
Abstract