Author:
Aue Shigevuki,Fry Maxwell J.,K. Min Byoung,Vongvipanond Paikoj,Yu Teh-Pei
Abstract
In a recent article in this Review, Akhtar [2] presented 30
estimates of demand "or money functions in Pakistan. One of the purposes
of Akhtar's study was to est two alternative theories, "the modern
quantity theory of money and what may * e called the 'accumulating
capital' framework" [2, p. 40]. We have examined Akhtar's estimates and
have serious reservations concerning the validity of his results. In the
present paper, therefore, we raise several criticisms against Akhtar's
study and then offer alternative estimates of demand for money in
Pakistan.
Publisher
Pakistan Institute of Development Economics (PIDE)
Subject
Development,Geography, Planning and Development
Cited by
4 articles.
订阅此论文施引文献
订阅此论文施引文献，注册后可以免费订阅5篇论文的施引文献，订阅后可以查看论文全部施引文献