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Demand for money in Sri Lanka, 1952-2002

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Author Info
Barry Reilly
Michael Sumner

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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.

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File URL: http://www.informaworld.com/openurl?genre=article&doi=10.1080/13504850600705943&magic=repec&7C&7C8674ECAB8BB840C6AD35DC6213A474B5
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Publisher Info
Article provided by Taylor and Francis Journals in its journal Applied Economics Letters.

Volume (Year): 15 (2008)
Issue (Month): 5 ()
Pages: 343-347
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Handle: RePEc:taf:apeclt:v:15:y:2008:i:5:p:343-347

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This page was last updated on 2009-12-5.

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