MONEY DEMAND STABILITY AND INFLATION PREDICTION IN THE FOUR LARGEST EMU COUNTRIES.

In this paper, we analyze the money demand functions of the four largest EMU countries and of the four-country (EMU-4) aggregate. We identify reasonable and stable money demand relationships for Germany, France and Spain as well as the EMU-4 aggregate. For the case of Italy, results are less clear....

Descripción completa

Detalles Bibliográficos
Publicado en:Scottish Journal of Political Economy Vol. 56; no. 1; pp. 73 - 94
Autores principales: Carstensen, Kai, Hagen, Jan, Hossfeld, Oliver, Neaves, Abelardo Salazar
Formato: Artículo
Publicado: Wiley-Blackwell Feb2009
Materias:
Acceso en línea:Ver este registro en EBSCOhost