Long-run monetary neutrality (LRMN) is an idea expressed from the quantity theory of
money, which posits that a permanent change in money stock has no real effect in the long …

Various essential things will be revealed in this research on how sustainable financial
performance promotes inclusive growth when the Indonesian state is experiencing a …

This paper, for the best of our knowledge, is the first attempt to assess the role of money in
the Malaysian economy using wavelet techniques. To do so, a macroeconomic model …

The purpose of this study is to investigate the money demand function and its stability in
Turkey using annual data over the period of 1970 and 2013. Based on the three …

We examine the dynamics of convergence in seven Asian countries for nominal and real
interest rates, and inflation rates. We test for convergence relative to the US and Japan …

Money demand function that turns out to be unstable due to the financial liberalization has
affected the effectiveness of monetary policy that utilizes monetary targeting as policy target …

Stability of the exchange rate is critical for policy formulation in Indonesia and thus, has
boosted the study of exchange rate behaviour. In this study, the monetary model of …

Financial liberalisation has advanced the transformation of the financial market as more
interest-bearing financial derivatives are introduced. Performance of the equal-weighted …

This study investigates the significance of Divisia monetary aggregates in formulating the
monetary policy in Indonesia. A money demand function has been constructed to compare …

The interest rate channel is the primary and most important mechanism for policymakers.
Knowledge of the pass-through of interest rates has allowed policymakers to draw …