Determinants of Velocity of Money in Syria An Econometric Study (1990-2010)


Abstract in English

This study aims to identify the factors affecting the velocity of money in Syria during the period ( 1990-2010) based on the study and review of the monetary theories, and the analysis of some empirical studies that examined the velocity of money and its relation to macroeconomic variables. In addition to an econometric study focused on the relationship between the velocity of money in its narrow sense (M1) with the rate of inflation, per capita GDP, real exchange rate, financial evolution, interest rate and political instability, using ARDL methodology to test joint integration.

References used

ASSEERY, A.A, (1997). “ Estimating of the Demand for Broad Money Balances of Saudi Arabia Using The Time Series Approach to Econometrics”, J, King Saud Univ. Vol. 9
AUGUSTINE C.A,SHWIFFM S.S. (1993). “ Cointegration, Real Exchange Rate and Modelling the Demand for Broad Money”, Applied Economics
CHOWDHURY,ABDUR R ,(4991). “Factors Determining the Income Velocity of Money in a Develoing Econo,y” , Applied Economics Letters, vol 1, N4 , April

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