Impact of financial sector reforms and stability of money demand in Samoa
|Collections||Pacific Economic Bulletin (1991-2010)|
|Title:||Impact of financial sector reforms and stability of money demand in Samoa|
Ward, Bert D.
|Publisher:||Crawford School of Public Policy, The Australian National University|
Asia Pacific Press
Samoa has been implementing financial sector reforms sector since 1998. This paper undertakes an econometric investigation of the impact of these reforms on demand for money by fitting both short-run and long-run demand for money equations. Tests do not provide strong evidence that reforms affected the stability of the money demand function.
|171_impact.pdf||97.47 kB||Adobe PDF|
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