The Role of Foreign Financial Variables on Domestic Money Demand Revisited : The Case of Sudan
| المصدر: | مجلة المصرفي |
|---|---|
| الناشر: | بنك السودان المركزي |
| المؤلف الرئيسي: | Yol, Marial A (Author) |
| المجلد/العدد: | ع54 |
| محكمة: | لا |
| الدولة: |
السودان |
| التاريخ الميلادي: |
2009
|
| الشهر: | ديسمبر |
| الصفحات: | 62 - 72 |
| رقم MD: | 659946 |
| نوع المحتوى: | بحوث ومقالات |
| قواعد المعلومات: | EcoLink |
| مواضيع: | |
| رابط المحتوى: |
عدد مرات التحميل
1
| LEADER | 01708nam a22001937a 4500 | ||
|---|---|---|---|
| 001 | 0252508 | ||
| 044 | |b السودان | ||
| 100 | |9 339528 |a Yol, Marial A |e Author | ||
| 245 | |a The Role of Foreign Financial Variables on Domestic Money Demand Revisited : The Case of Sudan | ||
| 260 | |b بنك السودان المركزي |c 2009 |g ديسمبر | ||
| 300 | |a 62 - 72 | ||
| 336 | |a بحوث ومقالات | ||
| 520 | |b This paper estimates the effect of foreign financial variables in addition to the traditional macroeconomic variables such as price level, real income and interest rates on money demand in Sudan by applying the bounds testing approach to annual data over period 1970-2008. The results of the bounds test reveal at least three cointegration relations among the variables. The ARDL model results indicate that money demand is significantly influenced by real output, nominal exchange rate and domestic interest rate in the short run while by real output and domestic interest rate in the long run. The significant and negative coefficient of nominal exchange rate variable implies the existence of currency substitution phenomenon in the Sudan. Additionally, the negatively signed and significant error-correction term suggests that approximately 18% of total disequilibrium in real money demand was being corrected in each quarter in Sudan. JEL classification: E41; F41 | ||
| 653 | |a السياسة المالية |a النقد الأجنبي |a الطلب على النقود |a السودان | ||
| 773 | |4 الاقتصاد |6 Economics |c 012 |l 054 |m ع54 |o 0456 |s مجلة المصرفي |t Journal of Banker |v 000 | ||
| 856 | |u 0456-000-054-012.pdf | ||
| 930 | |d y |p n |q y | ||
| 995 | |a EcoLink | ||
| 999 | |c 659946 |d 659946 | ||
عناصر مشابهة
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Global Financial Crisis and its Impact on the National Economy of Sudan With Special of Sudan With Special Emphasis on the Economy of South Sudan
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بواسطة: Al Sahafi, Mamdooh منشور: (2009) -
The Demand For Money and the Effectiveness of Monetary Policy: The Jordanian Case
بواسطة: Al Nsoor, Abeer منشور: (1992) -
New Evidence on the Determinants of Money Demand in Developing Countries: The Case of Sudan
بواسطة: Bashar, Alnazeer Ishag Ezaldeen منشور: (2017) -
The Demand for Money in Saudi Arabia
بواسطة: Harbi, Sultan Al Badrany منشور: (2008)
