The determinants and stability of money demand in the Republic of Macedonia
The goal of this paper is to examine the long and short-run determinants, and stability of money demand (M1) in the Republic of Macedonia using monthly data from January 2005 to October 2012. The Johansen cointegration technique and VECM model were used to fi nd the long-run and short-term dynamic r...
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| Format: | Article |
| Language: | deu |
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Faculty of Economics University of Rijeka
2013-06-01
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| Series: | Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu |
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| Online Access: | https://www.efri.uniri.hr/sites/efri.uniri.hr/files/cr-collections/2/kjosevski-2013-1.pdf |