Central Bank of Nigeria, Research Department
Empirical investigation, Money
The aim of this paper is to conduct an empirical investigation of the demand for money hypothesis.Section one gives a brief summary of the controversy surrounding the theory of the demand for money. The second section specifies the model and data employed in the investigation, while the third section analyses the statistical results.
Nemedia, C. E. (1981). An empirical investigation of the demand for money. CBN Economic and Financial Review, 19(1), 9-12.