Determinants of Demand for Money (Mi) using Cointegration Approach

Simple item page
dc.categoryJournal Article
dc.contributor.authorAmbiga Devi, P
dc.date.accessioned2017-08-28T04:36:45Z
dc.date.available2017-08-28T04:36:45Z
dc.date.issued2016
dc.departmentEconomicsen_US
dc.description.abstractEstimating the demand for money in an economy and understanding its relationship with various macroeconomic variables is an essential element in the planning of the issue and , distribution of currency (Nachane et ai, 2013). The penetration of several innovative instruments in the financial sector has changed the behavior and relationship of demand for money. Understanding the significance of estimating money demand function in this evolving financial innovation era, this paper attempts to analyze the major determinants of demand for money via Mi for India for the period 2005-06 to 2014-15. The demand for Ml was estimated applying the Johansen's Cointegration Technique and the estimated results revealed that there existed long run relationship among the explanatory variables of the function, with specific reference to debit cards that form the major substitute for cash in the country. The findings suggests that the financial innovations in the banking sector have influenced the demand for money, specifically Mi, indicating that the transaction demand for money in India is influenced by the innovations.en_US
dc.identifier.issn234S-37S4
dc.identifier.urihttps://ir.avinuty.ac.in/handle/avu/3444
dc.langEnglishen_US
dc.publication.categoryJournal Articleen_US
dc.publisher.nameTSM BUSINESS REVIEW Volume 4 Number 2 December 2016 Articles • A Study on Consumer Perception of E-Tailing Services for Electronic Goods in Kolkata - Biswajit Roy • A Research on Examining Critical Success Factors Towards the Application of Green Technology in Rural Business by Rural People in Madurai District - N Asha and R Vetrickarthick • How Receptive Consumers are Towards Green Advertisements: A Case of Western Uttar Pradesh, India - Parikshit Joshi and Richa Rastogi • Understanding Financial Inclusion in India: A Case Study of Sattur Taluk, Tamil Nadu - R Neelamegam • Octapace Culture Profiling - A Study Among Employees Working in a Legal Compliance Firm in Madurai - N Suga Dharshini and Kajal} Mehta • Determinants of Demand for Money (Ml) Using Cointegration Approach - KP Radhika and Dr P Ambiga Devi Perspective • Goods and Services Tax (GST): A Paradigm Shift in Indian Tax System - Vidya Suresh and Bipasha Maity Indexed inen_US
dc.publisher.typeNationalen_US
dc.titleDeterminants of Demand for Money (Mi) using Cointegration Approachen_US
Files
Original bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
Eco.Nat.Doc_2.pdf
Size:
5.07 MB
Format:
Adobe Portable Document Format
Download
Collections
Journal Article