An Analysis on the Money Demand Dependence Relative to GDP and
the Interest Rate for Romania during 2001-2011
An Analysis on the Money Demand Dependence Relative to GDP and
the Interest Rate for Romania during 2001-2011
Author(s): Cătălin Angelo Ioan, Gina IoanSubject(s): Economy
Published by: Editura Universitară Danubius
Keywords: money demand; GDP; interest rate; regression
Summary/Abstract: In this paper, we have investigated the dependence of money demand based on GDP and the real interest rate in Romania during 2001-2011. After determining the regression equation, an apparently surprising conclusion is that the most influential factor in the demand for money is the level of GDP and not the real interest rate.
Journal: Acta Universitatis Danubius. Œconomica
- Issue Year: 8/2012
- Issue No: 6
- Page Range: 147-156
- Page Count: 10
- Language: English
