The stability of money demand in Kazakhstan

Abstract

The objective of this research paper is to identify and analyze and investigate the domestic money demand in Kazakhstan. While in other counties money demand relies on the several factors such as: income among the population, inflation rates, real foreign interest rates, stock prices and exchange rates, we will try to find out the key dependent elements for Kazakhstan, since each country is unique and has its own benefits in terms of economy. To do so, different articles, starting all the way from the years of 2000 will be used, due to the limited amount of information available in this related topic.