Demand for money in Thailand

Sumner, M (2009) Demand for money in Thailand. Applied Economics, 41 (10). pp. 1269-1276. ISSN 0003-6846

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After a brief review of recent literature, new estimates on a long run of annual observations of the Thai demand for all the standard measures of money are presented. The results demonstrate that the demand for real money balances is a stable function of a scale variable and a coherent measure of opportunity cost, with all the properties predicted by economic theory.

Item Type: Article
Additional Information: Special Theme: The applied economics of money and inflation
Schools and Departments: University of Sussex Business School > Economics
Depositing User: Michael Sumner
Date Deposited: 23 Jul 2012 14:56
Last Modified: 23 Jul 2012 14:56
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