Dependence between Banks Gharzulhasaneh Deposits (BGH) and expected inflation in analyzed in this working paper. Results show that BGH is exogenous toward to expected inflation (1961-2007) and Cagan demand function coefficient is -0.014. This coefficient shows that one percent increasing in expected inflation decrease BGH around % 0.014.
Esnaashari A, Babaei Semiromi M R. Cagan money demand function in Gharzulhasaneh Deposits In Iranian Bank . qjerp 2009; 17 (51) :93-104 URL: http://qjerp.ir/article-1-253-en.html