Demand for money in Sri Lanka, 1952-2002

Reilly, Barry and Sumner, Michael (2008) Demand for money in Sri Lanka, 1952-2002. Applied Economics Letters, 15 (5). pp. 343-347. ISSN 1350-4851

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Abstract

The key issue in the analysis of demand for money in Sri Lanka is shown to be the specification of opportunity cost. A coherent definition yields stable long-run estimates of the demand function consistent with economic theory for all measures of money.

Item Type: Article
Schools and Departments: School of Business, Management and Economics > Economics
Depositing User: Barry Reilly
Date Deposited: 06 Feb 2012 20:05
Last Modified: 06 Feb 2012 21:48
URI: http://sro.sussex.ac.uk/id/eprint/24008
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