3.5. Research techniques
3.5.1. Documentation
Time was devoted to searching for appropriate literature,
reports and reading material containing the underpinning theory. A great deal
of attention was devoted to publications on econometrics to provide the major
support for the current study. Also, a number of websites have been visited not
only in the intention of econometric modeling but also with the main of
acquiring knowledge on money stock determinants around the globe in general and
in economies similar to ours in particular. Many of these websites had
information on money stock theories.
3.5.2. Computer programs
The whole work of analyzing the data was done with the help of
computer programs. One search program that was used extensively in the study is
E-Views 3.1. The choice of E-Views 3.1 program is constrained by the
availability of programs and the appropriateness to handle the task at hand.
This program is chosen because it is appropriate for this kind of research and
can handle the estimations envisaged.
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