01839cas a2200241 a 4500 AALejournalIMF007584 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451848540 1018-5941 BD-DhAAL BD-DhAAL Sriram, Subramanian. Survey of Literature on Demand for Money : Theoretical and Empirical Work with Special Reference to Error-Correction Models / Subramanian Sriram. Washington, D.C. : International Monetary Fund, 1999. 1 online resource (77 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students A stable money demand forms the cornerstone in formulating and conducting monetary policy. Consequently, numerous theoretical and empirical studies have been conducted in both industrial and developing countries to evaluate the determinants and the stability of the money demand function. This paper briefly reviews the theoretical work, tracing the contributions of several researchers beginning from the classical economists, and explains relevant empirical issues in modeling and estimating money demand functions. Notably, it summarizes the salient features of a number of recent studies that applied cointegration/error-correction models in the 1990s, and it features a bibliography to aid in research on demand for money. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1999/064 Full text available on IMF http://elibrary.imf.org/view/journals/001/1999/064/001.1999.issue-064-en.xml IMF e-Library