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Demand for money in Sri Lanka, 1952-2002

journal contribution
posted on 2023-06-08, 04:57 authored by Barry ReillyBarry Reilly, Michael Sumner
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.

History

Publication status

  • Published

Journal

Applied Economics Letters

ISSN

1350-4851

External DOI

Issue

5

Volume

15

Page range

343-347

Department affiliated with

  • Economics Publications

Full text available

  • No

Peer reviewed?

  • Yes

Legacy Posted Date

2012-02-06

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