Thesis
The demand for money, asset substitution and the inflation tax in a liberalizing economy
- Alternative title:
- an econometric analysis for Kenya
- Abstract:
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This thesis develops empirical econometric models of the private sector aggregate demand for real and financial assets in Kenya over the period 1973 to 1990. Single-equation error-correction models of the demand for money are estimated using systems cointegration methods developed by Johansen (1988). The models are found to be statistically stable functions throughout the period, and are capable of encompassing existing studies. Across a range of monetary aggregates, including a Divisia i...
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Authors
Bibliographic Details
- Publication date:
- 1992
- Type of award:
- DPhil
- Level of award:
- Doctoral
- Awarding institution:
- University of Oxford
- Source identifiers:
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604788292
Item Description
- Language:
- English
- Subjects:
- UUID:
-
uuid:037dcc1e-edff-4096-89cb-6d24a70742d8
- Local pid:
- td:604788292
- Deposit date:
- 2014-10-21
Terms of use
- Copyright holder:
- Adam, Christopher S.
- Copyright date:
- 1992
- Notes:
- This thesis was digitised thanks to the generosity of Dr Leonard Polonsky
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