The Quantification of Seasonality of Money Supply in GhanaInstitute of Statistical, Social and Economic Research, University of Ghana, 1972 - Money - 64 pages |
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1960 to September 1964 to December a₁ a₂ adjusted data Bank of Ghana behaviour of money CHANGING SEASONAL INDEX CHART currency component d₁ d₂ data on total DEFLATED BY CHANGING demand deposit component dependent variables disturbance term dummy variables Durbin-Watson Durbin-Watson d estimated equation explanatory variables follows forces which operate forecasting fourth quarter highly significant II(a index for total intensities of seasonal interaction model intercept term inverted matrix ISSER JAN JAN JAN least squares technique Model II(b MONEY SUPPLY DEFLATED MONTHLY CHANGING SEASONAL months moving seasonal index normal equations numerical values obtained ordinary least squares positive serial correlation probability level quarterly seasonal regression analysis regression D1 regression models regression results sample period seasonal behaviour seasonal forces seasonality of money September 1964 simple model source of autocorrelation specification sub-period supply and currency supply in Ghana third quarters total money supply traditional time series trend University of Ghana