Economic Uncertainty and the Demand for Broad Money in South Africa

• 主要な著者: Tan, Wen Hsien, Puah, Chin Hong, Wong, Shirly Siew Ling, Chong, Mei Teing
• フォーマット: 論文
• 言語: English
• 出版事項: Macrothink Institute 2020
• 主題: HB Economic Theory
• オンライン･アクセス: http://ir.unimas.my/id/eprint/30991/1/Tan%20Wen%20Hsien.pdf; http://ir.unimas.my/id/eprint/30991/; http://www.macrothink.org/journal/index.php/ber/article/view/16577

This paper scrutinised the impact of economic uncertainty on the broad money demand in South Africa using quarterly data from 2001 to 2018. Generalized Autoregressive Conditional Heteroscedasticity (GARCH) model is employed to capture the volatilities of selected components in order to construct an...