Matches in SemOpenAlex for { <https://semopenalex.org/work/W1595575912> ?p ?o ?g. }
- W1595575912 abstract "This paper estimates the money demand function for Jamaica using a Structural co-integrating VAR. This approach provides estimates of the long run structural relations and also reveals the complex short run feedbacks of monetary policy on key macro variables. In recent years Jamaican governments have adopted an inflation targeting framework for policy and have moved towards reliance on interest rates rather than direct money control as the primary instrument. This policy presumes that monetary transmission runs from the interest rate to directly affect the level of output which then feeds into the inflation process. However, in an economy with limited financial sector development interest rate transmission may be more circumspect, having a strong direct affect on money demand which then influences aggregate demand and output and hence inflation. These feedbacks are investigated within the error correction model.. Stability of Money demand is vital for predictable policy, and is investigated using CUSUM tests for parameter stability. The Jamaican financial sector suffered a major crisis in the mid 1990’s, the paper considers whether the stability of money demand was compromised. It is argued that the finding of stable money demand suggests that the specific policy responses may have successfully bolstered confidence and prevented financial implosion." @default.
- W1595575912 created "2016-06-24" @default.
- W1595575912 creator A5052762345 @default.
- W1595575912 date "2005-09-01" @default.
- W1595575912 modified "2023-09-27" @default.
- W1595575912 title "Financial crises and money demand in Jamaica" @default.
- W1595575912 cites W1504090205 @default.
- W1595575912 cites W1505403041 @default.
- W1595575912 cites W1547569233 @default.
- W1595575912 cites W1551187541 @default.
- W1595575912 cites W1561153264 @default.
- W1595575912 cites W1582174173 @default.
- W1595575912 cites W1584607362 @default.
- W1595575912 cites W1605409558 @default.
- W1595575912 cites W1969811336 @default.
- W1595575912 cites W1979573251 @default.
- W1595575912 cites W1983669501 @default.
- W1595575912 cites W1984620837 @default.
- W1595575912 cites W2016087196 @default.
- W1595575912 cites W2024770159 @default.
- W1595575912 cites W2046637750 @default.
- W1595575912 cites W2054510061 @default.
- W1595575912 cites W2056356434 @default.
- W1595575912 cites W2070517602 @default.
- W1595575912 cites W2073162538 @default.
- W1595575912 cites W2076754907 @default.
- W1595575912 cites W2076999042 @default.
- W1595575912 cites W2086516229 @default.
- W1595575912 cites W2088563154 @default.
- W1595575912 cites W2128396025 @default.
- W1595575912 cites W2130106683 @default.
- W1595575912 cites W2131058918 @default.
- W1595575912 cites W2161722338 @default.
- W1595575912 cites W2173858490 @default.
- W1595575912 cites W3121618175 @default.
- W1595575912 cites W3122037608 @default.
- W1595575912 cites W3122558716 @default.
- W1595575912 cites W3124082850 @default.
- W1595575912 cites W3124750780 @default.
- W1595575912 hasPublicationYear "2005" @default.
- W1595575912 type Work @default.
- W1595575912 sameAs 1595575912 @default.
- W1595575912 citedByCount "6" @default.
- W1595575912 countsByYear W15955759122012 @default.
- W1595575912 countsByYear W15955759122013 @default.
- W1595575912 countsByYear W15955759122016 @default.
- W1595575912 crossrefType "posted-content" @default.
- W1595575912 hasAuthorship W1595575912A5052762345 @default.
- W1595575912 hasConcept C121332964 @default.
- W1595575912 hasConcept C126285488 @default.
- W1595575912 hasConcept C132321396 @default.
- W1595575912 hasConcept C139719470 @default.
- W1595575912 hasConcept C162324750 @default.
- W1595575912 hasConcept C175025494 @default.
- W1595575912 hasConcept C175444787 @default.
- W1595575912 hasConcept C176398731 @default.
- W1595575912 hasConcept C178518018 @default.
- W1595575912 hasConcept C200941418 @default.
- W1595575912 hasConcept C203379541 @default.
- W1595575912 hasConcept C21547014 @default.
- W1595575912 hasConcept C2778816174 @default.
- W1595575912 hasConcept C33332235 @default.
- W1595575912 hasConcept C556758197 @default.
- W1595575912 hasConceptScore W1595575912C121332964 @default.
- W1595575912 hasConceptScore W1595575912C126285488 @default.
- W1595575912 hasConceptScore W1595575912C132321396 @default.
- W1595575912 hasConceptScore W1595575912C139719470 @default.
- W1595575912 hasConceptScore W1595575912C162324750 @default.
- W1595575912 hasConceptScore W1595575912C175025494 @default.
- W1595575912 hasConceptScore W1595575912C175444787 @default.
- W1595575912 hasConceptScore W1595575912C176398731 @default.
- W1595575912 hasConceptScore W1595575912C178518018 @default.
- W1595575912 hasConceptScore W1595575912C200941418 @default.
- W1595575912 hasConceptScore W1595575912C203379541 @default.
- W1595575912 hasConceptScore W1595575912C21547014 @default.
- W1595575912 hasConceptScore W1595575912C2778816174 @default.
- W1595575912 hasConceptScore W1595575912C33332235 @default.
- W1595575912 hasConceptScore W1595575912C556758197 @default.
- W1595575912 hasLocation W15955759121 @default.
- W1595575912 hasOpenAccess W1595575912 @default.
- W1595575912 hasPrimaryLocation W15955759121 @default.
- W1595575912 hasRelatedWork W1990806256 @default.
- W1595575912 hasRelatedWork W1998526413 @default.
- W1595575912 hasRelatedWork W2007311124 @default.
- W1595575912 hasRelatedWork W2163692040 @default.
- W1595575912 hasRelatedWork W2578663674 @default.
- W1595575912 hasRelatedWork W2768548689 @default.
- W1595575912 hasRelatedWork W2805205904 @default.
- W1595575912 hasRelatedWork W2907309711 @default.
- W1595575912 hasRelatedWork W2979620500 @default.
- W1595575912 hasRelatedWork W3023069447 @default.
- W1595575912 hasRelatedWork W3123018322 @default.
- W1595575912 hasRelatedWork W3123127465 @default.
- W1595575912 hasRelatedWork W3123210505 @default.
- W1595575912 hasRelatedWork W3124435430 @default.
- W1595575912 hasRelatedWork W3125180941 @default.
- W1595575912 hasRelatedWork W3125830084 @default.
- W1595575912 hasRelatedWork W3137094008 @default.
- W1595575912 hasRelatedWork W3143702830 @default.
- W1595575912 hasRelatedWork W3146884444 @default.