Economics, Econometrics and Finance
4 years ago

Turkey's Money Demand Function Reveals Key Insights on Economic Stability.

RePEc: Research Papers in Economics
Dynamic Analysis of Money Demand Function: Case of Turkey*
Bülent Doğru

Paper Summary

The article examines the factors influencing money demand in Turkey from 1980 to 2012. By using a dynamic log money demand function based on Keynesian theory, the researchers found that inflation, exchange rate, and money demand in Turkey are interconnected and reach a long-term balance.

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