an analysis on the money demand dependence relative to gdp and the interest rate for romania during 2001-2011
;Catalin Angelo Ioan;Gina Ioan
organic process research and development2012Vol. 8pp. 147-156
226
ioan2012actaan
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.