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" Money Demand in Europe "
edited by Helmut Lütkepohl, Jürgen Wolters.
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BL
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| Record Number
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760826
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b580799
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| Main Entry
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edited by Helmut Lütkepohl, Jürgen Wolters.
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| Title & Author
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Money Demand in Europe\ edited by Helmut Lütkepohl, Jürgen Wolters.
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| Publication Statement
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Heidelberg : Physica-Verlag HD : Imprint : Physica, 1999
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| Series Statement
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Studies in empirical economics.
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| Page. NO
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(x, 260 pages)
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| ISBN
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3662125390
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: 9783662125397
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| Contents
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Methodological studies --; Exogeneity, causality, and co-breaking in economic policy analysis of a small econometric model of money in the UK --; Empirical modeling of money demand --; Single country studies --; Stability of the demand for M1 and harmonized M3 in Finland --; The demand for broad money in Norway, 1969-1993 --; The stability of German money demand: Not just a myth --; A money demand system for German M3 --; Money demand stability: Evidence from Spain --; Friedman and Schwartz (1982) revisited: Assessing annual and phase-average models of money demand in the United Kingdom --; Broad money demand and financial liberalization of Greece --; Stability of money demand in Switzerland A comparison of the M2 and M3 cases --; Multi-country studies --; Changing monetary transmission mechanisms within the EU --; Long run money demand in the EU: Evidence for area-wide aggregates --; Wealth and the demand for money in the European union --; Workshop "Money demand in Europe": List of participants.
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| Abstract
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The volume gives an overview of money demand analysis in Europe in the eve of the introduction of the Euro in some European countries. It contributes to the discussion on a suitable monetary policy for the new European Central Bank. The alternative strategies under discussion are a direct inflation targeting, an intermediate monetary targeting or a mixture of both. For these policy strategies a stable money demand relation is of central importance. The articles in this volume present empirical studies of money demand based on up-to-date time series econometric methods.
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Economics.
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Macroeconomics.
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| Added Entry
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Helmut Lütkepohl
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Jürgen Wolters
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