Naslov
The Monthly Transaction Money Demand in Croatia

Autori
Babić, Ante

Izvornik
Hrvatska narodna banka

Vrsta, podvrsta
Ostale vrste radova, ostalo

Godina
2000

Ključne riječi
M0; M1; money demand; transaction money demand

Sažetak
In this paper, the monthly transaction money demand function in Croatia is empirically estimated. It is a continuation of previous money demand research by the author based on quarterly data in 1999. The main emphasis here is on a classical OLS analysis of transaction money demand relationships for various transaction money aggregates: currency outside banks - M0, currency outside banks plus demand deposits - M1, and M1 plus budgetary and extrabudgetary transaction balances held with commercial banks - M1a. The results are confirmed by stationarity tests, cointegration, Granger causality and unrestricted VARs.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA