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The stability of EMU-wide money demand functions and the monetary policy strategy of the European Central Bank.

The writers examine whether monetary aggregates could play a role as either intermediate targets or indicators of the single monetary policy of the European Central Bank (ECB). They consider four monetary aggregates as candidate intermediate target variables or indicators of monetary policy—M1, M3H...

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Published in:Manchester School (14636786) Vol. 68no2; no. 2; pp. 184 - 203
Main Author: Bruggeman, Annick
Format: Article
Published: Wiley-Blackwell March 2000
Subjects:
European Central Bank
European Union
Demand for money
Monetary policy
Money supply
Vector autoregression model
European Union countries
Online Access:View this record in EBSCOhost