An Analysis on the Money Demand Dependence Relative to GDP and the Interest Rate for Romania during 2001-2011
Catalin Angelo Ioan and
Gina Ioan ()
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Gina Ioan: Danubius University of Galati, Romania
Acta Universitatis Danubius. OEconomica, 2012, issue 8(6), 146-155
Abstract:
In this paper, we have investigated the dependence of money demand based on GDP and the real interest rate in Romania during 2001-2011. After determining the regression equation, an apparently surprising conclusion is that the most influential factor in the demand for money is the level of GDP and not the real interest rate.
Keywords: money demand; GDP; interest rate; regression (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:dug:actaec:y:2012:i:6:p:146-155
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