Monetary Stability on Africa Data

Published: 04-03-2021| Version 1 | DOI: 10.17632/549vbnj6gk.1
Contributor:
Michael Asiedu

Description

This data set is compiled from secondary sources including the World Development Indicator database (IMF/WORLD BANK) annual and official Central Bank Data sources data on macro-level data on selected African Countries to examine the the long-run money demand function in search of monetary stability in Africa.

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This data set is compiled from secondary sources including the World Development Indicator database (IMF/WORLD BANK) annual and official Central Bank Data sources data on macro-level data on selected African Countries to examine the the long-run money demand function in search of monetary stability in Africa. The study employed the ARDL model after establishing long-run and cointegrating relationship among the variables through the Johanson Cointegration test. we also employed CUSUM and CUSUMsq test graphs to examine the stability of the demand functions.