Money demand in Venezuela : multiple cycle extraction in a cointegration framework

Money demand in Venezuela is modeled using structural time series and error correction approaches, for the period 1993.1 to 2001.4. The preferred model features seasonal cointegration and was estimated following a structural time series approach. There are similarities in the long-run behavior of mo...

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Bibliographic Details
Main Author: Cuevas, Mario A
Corporate Author: Banco Mundial
Format: Book
Published: Washington, D.C. World Bank 2002
Series:Policy research working paper no. 2844
Subjects: