期刊名称:International Journal of Economics and Finance
印刷版ISSN:1916-971X
电子版ISSN:1916-9728
出版年度:2010
卷号:3
期号:1
页码:188
DOI:10.5539/ijef.v3n1p188
出版社:Canadian Center of Science and Education
摘要:This paper demonstrates that there is a long run equilibrium relationship between money supply and its main determinants, real income (GDP) and interest rate in Cote d’Ivoire. In order to investigate long-term relationship among these variables, we use Juselius and Johansen cointegration test with time series data covering the period of 1980-2007. The results show that there is long-term relationship among these variables as well as the linkage between them. Base from this result we found that only real money balances has significant long -run economic impact of variations in monetary policy in Cote d’Ivoire. However, the study also revealed that the effect of aggregate is not so stable linking with it determinants.