The breakup of Yugoslavia: hyperinflation and money demand

Detalhes bibliográficos
Autor(a) principal: Olujic, Zvonimir
Data de Publicação: 2021
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10362/142281
Resumo: How did money demand during Yugoslavia’s hyperinflation period of 1991-1994 evolve? Forth is underlying question, Cagan’s money demand model is utilized. The empirical evaluation is based on the standard method of unit root testing, cointegration, and error correction. With proven cointegration between real money, inflation, and exchange rate, the Cagan money demand model for the case of Yugoslavia is accepted, yet exchange rate as an explanatory variable doesn’t lead to a satisfactory outcome.
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spelling The breakup of Yugoslavia: hyperinflation and money demandMonetary policyMoney demandHyperinflationCurrencyDomínio/Área Científica::Ciências Sociais::Economia e GestãoHow did money demand during Yugoslavia’s hyperinflation period of 1991-1994 evolve? Forth is underlying question, Cagan’s money demand model is utilized. The empirical evaluation is based on the standard method of unit root testing, cointegration, and error correction. With proven cointegration between real money, inflation, and exchange rate, the Cagan money demand model for the case of Yugoslavia is accepted, yet exchange rate as an explanatory variable doesn’t lead to a satisfactory outcome.Freitas, Miguel Lebre deRUNOlujic, Zvonimir2022-07-22T09:10:12Z2022-01-132021-12-172022-01-13T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10362/142281TID:202999092enginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-03-11T05:19:53Zoai:run.unl.pt:10362/142281Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:50:14.697152Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv The breakup of Yugoslavia: hyperinflation and money demand
title The breakup of Yugoslavia: hyperinflation and money demand
spellingShingle The breakup of Yugoslavia: hyperinflation and money demand
Olujic, Zvonimir
Monetary policy
Money demand
Hyperinflation
Currency
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
title_short The breakup of Yugoslavia: hyperinflation and money demand
title_full The breakup of Yugoslavia: hyperinflation and money demand
title_fullStr The breakup of Yugoslavia: hyperinflation and money demand
title_full_unstemmed The breakup of Yugoslavia: hyperinflation and money demand
title_sort The breakup of Yugoslavia: hyperinflation and money demand
author Olujic, Zvonimir
author_facet Olujic, Zvonimir
author_role author
dc.contributor.none.fl_str_mv Freitas, Miguel Lebre de
RUN
dc.contributor.author.fl_str_mv Olujic, Zvonimir
dc.subject.por.fl_str_mv Monetary policy
Money demand
Hyperinflation
Currency
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
topic Monetary policy
Money demand
Hyperinflation
Currency
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
description How did money demand during Yugoslavia’s hyperinflation period of 1991-1994 evolve? Forth is underlying question, Cagan’s money demand model is utilized. The empirical evaluation is based on the standard method of unit root testing, cointegration, and error correction. With proven cointegration between real money, inflation, and exchange rate, the Cagan money demand model for the case of Yugoslavia is accepted, yet exchange rate as an explanatory variable doesn’t lead to a satisfactory outcome.
publishDate 2021
dc.date.none.fl_str_mv 2021-12-17
2022-07-22T09:10:12Z
2022-01-13
2022-01-13T00:00:00Z
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dc.language.iso.fl_str_mv eng
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