Modelling Demand for Money in Latvia

Quantile Journal, Vol. 1, pp. 67-79, 2006

Posted: 20 Oct 2006

See all articles by Boriss Siliverstovs

Boriss Siliverstovs

German Institute for Economic Research (DIW Berlin) - Department of International Economics

Abstract

This study develops an error correction model for money demand in Latvia. The core of the model is a single cointegrating vector containing information about the long-run equilibrium between the real money balances, gross domestic product, and long-term interest rate. The model exhibits coefficient stability and has an ability to accurately predict the money balances during the last three years.

Note: Downloadable document is in Russian.

JEL Classification: C32, E41

Suggested Citation

Siliverstovs, Boriss, Modelling Demand for Money in Latvia. Quantile Journal, Vol. 1, pp. 67-79, 2006, Available at SSRN: https://ssrn.com/abstract=938508

Boriss Siliverstovs (Contact Author)

German Institute for Economic Research (DIW Berlin) - Department of International Economics ( email )

Mohrenstraße 58
Berlin, 10117
Germany

HOME PAGE: http://www.diw.de/programme/jsp/MA.jsp?language=en&uid=bsiliverstovs

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
77
Abstract Views
738
Rank
567,586
PlumX Metrics