تحليل وقياس العلاقة بين سرعة دوران النقود والمضاعف النقدي في ليبيا خلال الفترة (2020-1990)‎

Abstract EN

This study aimed to measure and analysis the relationship between the money multiplier and the velocity of money in Libya, during the period 1990-2020, then the method of autoregressive distributed time lags (ARDL), was used by estimating the long-run co-integration relationships between the two variables, and estimating the error correction model and the parameters the short-run, where the study used the multiplier of money as a dependent variable, whereas the independent variable is the velocity of money, the study concluded that is a long-term causal relationship between the money multiplier and the velocity of money, and that the value calculated for the Bound Test (F-statistic = 9.780710) is greater than the table upper limits of the F test according to the sample size and the degree of freedom at the level of significance 0.05 indicates the presence of between the two variables.