This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

Money Demand and Economic Liberalization in a Small Open Economy—Trinidad and Tobago

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Stephen Dobson ()
Carlyn Ramlogan

Additional information is available for the following registered author(s):

Abstract

Economic liberalization creates potential instability in money demand. The introduction of liberalization in the early 1990s coincided with instability in the long-run demand for broad money (M2). OLS estimates confirm the presence of a structural break in the M2 model. Monetary policy should be based on a narrow definition of money. Moreover, the demand for money function must take explicit account of the openness of the economy. The results have important implications for policymakers in other Caribbean countries that are contemplating economic liberalization. Copyright Kluwer Academic Publishers 2001

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://hdl.handle.net/10.1023/A:1011137624007
File Format: text/html
File Function:
Download Restriction: Access to full text is restricted to subscribers.

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Publisher Info
Article provided by Springer in its journal Open Economies Review.

Volume (Year): 12 (2001)
Issue (Month): 3 (July)
Pages: 325-339
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:kap:openec:v:12:y:2001:i:3:p:325-339

Contact details of provider:
Web page: http://www.springerlink.com/link.asp?id=100323

For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).

Related research
Keywords: Caribbean; cointegration; demand for money; economic liberalization;

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Tan, Eu Chye, 1997. "Money Demand amid Financial Sector Developments in Malaysia," Applied Economics, Taylor and Francis Journals, vol. 29(9), pages 1201-15, September. [Downloadable!] (restricted)
  2. Volker Treichel, 1997. "Broad Money Demand and Monetary Policy in Tunisia," IMF Working Papers 97/22, International Monetary Fund.
  3. Philipp C. Rother, 1998. "Money Demand and Regional Monetary Policy in the West African Economic and Monetary Union," IMF Working Papers 98/57, International Monetary Fund.
  4. Shekar Bose & Hafizur Rahman, 1996. "The Demand For Money In Canada: A Cointegration Analysis," International Economic Journal, Korean International Economic Association, vol. 10(4), pages 29-45, December. [Downloadable!] (restricted)
  5. Hiroya Akiba, 1996. "Exchange-Rate Sensitive Demand For Money And Overshooting," International Economic Journal, Korean International Economic Association, vol. 10(3), pages 119-129, October. [Downloadable!] (restricted)
  6. Sunil Sharma & Neil R. Ericsson, 1996. "Broad Money Demand and Financial Liberalization in Greece," IMF Working Papers 96/62, International Monetary Fund.
    Other versions:
  7. Arize, Augustine C, 1994. "A Re-examination of the Demand for Money in Small Developing Economies," Applied Economics, Taylor and Francis Journals, vol. 26(3), pages 217-28, March.
  8. Augustine C. Arize & John B. Spalding & Bedford N. Umezulike, 1991. "Impact of Foreign Monetary Developments on Demand for Money: Regression Estimates and Forecast Results," Journal of Economic Studies, Emerald Group Publishing, vol. 18(2), pages 39-48, May. [Downloadable!] (restricted)
  9. Chowdhury, Abdur R, 1997. "The Financial Structure and the Demand for Money in Thailand," Applied Economics, Taylor and Francis Journals, vol. 29(3), pages 401-09, March. [Downloadable!] (restricted)
  10. Eu Chye Tan, 1997. "Money demand amid financial sector developments in Malaysia," Applied Economics, Taylor and Francis Journals, vol. 29(9), pages 1201-1215, September. [Downloadable!] (restricted)
  11. Arestis, Philip & Demetriades, Panicos O, 1991. "Cointegration, Error Correction and the Demand for Money in Cyprus," Applied Economics, Taylor and Francis Journals, vol. 23(9), pages 1417-24, September.
  12. Mankiw, N Gregory & Summers, Lawrence H, 1986. "Money Demand and the Effects of Fiscal Policies," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 18(4), pages 415-29, November. [Downloadable!] (restricted)
Full references

Statistics
Access and download statistics

Did you know? You can import bibliographic info in various formats into you bibliographic tool, or just into your word processor. See under "publisher info" on each abstract page.

This page was last updated on 2009-12-8.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.