Money Demand and the Welfare Cost of Inflation: Empirical Evidence From East Asian Countries
This dissertation presents empirical evidence of the long-term relationship between money (M1) and inflation from five selected East Asian countries during the period from 1977?2014. The two money demand specifications, namely, the semi-log and the log-log functional forms initiated by Cagan (1956)...
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| Format: | Others |
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Auckland University of Technology,
2016-11-03T03:38:35Z.
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| Online Access: | Get fulltext |