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dc.contributor.advisorTogan, Subidey
dc.contributor.authorÖzdenören, Emre
dc.date.accessioned2016-01-08T20:10:33Z
dc.date.available2016-01-08T20:10:33Z
dc.date.issued1993
dc.identifier.urihttp://hdl.handle.net/11693/17470
dc.descriptionAnkara : The Department of Economics and the Institute of Economics and Social Sciences of Bilkent University, 1993.en_US
dc.descriptionThesis (Master's) -- Bilkent University, 1993.en_US
dc.descriptionIncludes bibliographical references leaves leaf 36-39en_US
dc.description.abstractThis study aims at estimating the money demand function for Turkey using quarterly data. Estimation is done, for both Ml and M2, using Johansen procedure, which is a variate of the theory of cointegration. The results of the Johansen procedure shows that real income is positively and expected loss is negatively related with demand for Ml and M2. Also, some linear restrictions are tested, by restricting the money demand coefficients. The results of these tests show that Tobin-Baumal model and unit elasticity of income are rejected for both Ml and M2.en_US
dc.description.statementofresponsibilityÖzdenören, Emreen_US
dc.format.extentvii, 51 leaves, tablesen_US
dc.language.isoEnglishen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectmoney demanden_US
dc.subjectcointegrationen_US
dc.subjectlevel of integrationen_US
dc.subjectstationarityen_US
dc.subjectJohansen procedureen_US
dc.subject.lccHG226.5 .O93 1993en_US
dc.subject.lcshDemand for money.en_US
dc.subject.lcshDemand for money--Turkey.en_US
dc.subject.lcshMoney supply--Turkey.en_US
dc.subject.lcshMonetary policy--Turkey.en_US
dc.titleImplementation of Johansen procedure in the estimation of demand for M1 and M2 using the Turkish dataen_US
dc.typeThesisen_US
dc.departmentDepartment of Economicsen_US
dc.publisherBilkent Universityen_US
dc.description.degreeM.S.en_US


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