JFAS-Vol 06 N 01
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Browsing JFAS-Vol 06 N 01 by Author "حاج صحراوي, حمودي"
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Item مـحـددات الطلـب عـلى الـــنقـود في كل من الجزائر، المغرب وتونس- دراسة قیاسیة باستخدام نماذج البیانات المقطعیة الزمنیة(جامعة الوادي - University of Eloued, 2015-12-31) وادة, راضية; حاج صحراوي, حموديThe objective of this study is to examine long run determinants for the money demand.For three countries from the MENA region, using panel data models for the (1990-2014) period. After testing different models, we found that the fixed effect model is the most suitable to achieve our objective. Consistent with theoretical principles, the results show that there is long term positive relationship between real broad money (RM2) and Real GDP.As expected, the same variable (RM2), however, responds negatively to any interest increase.