Currency Substitution and Cross-Border Monetary Aggregation : Evidence From the G-7 /

Is there a stable aggregate money demand relationship for Europe? If so, why, and if not, why not? These questions are important for the implementation of policy by a European central bank, as well as for the appropriate speed of transition to EMU. This paper addresses them in a multi-country empiri...

Ամբողջական նկարագրություն

Մատենագիտական մանրամասներ
Հիմնական հեղինակ: Lane, Timothy
Այլ հեղինակներ: Poloz, Stephen
Ձևաչափ: Ամսագիր
Լեզու:English
Հրապարակվել է: Washington, D.C. : International Monetary Fund, 1992.
Շարք:IMF Working Papers; Working Paper ; No. 1992/081
Առցանց հասանելիություն:Full text available on IMF
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100 1 |a Lane, Timothy. 
245 1 0 |a Currency Substitution and Cross-Border Monetary Aggregation :   |b Evidence From the G-7 /  |c Timothy Lane, Stephen Poloz. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1992. 
300 |a 1 online resource (36 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a Is there a stable aggregate money demand relationship for Europe? If so, why, and if not, why not? These questions are important for the implementation of policy by a European central bank, as well as for the appropriate speed of transition to EMU. This paper addresses them in a multi-country empirical study of money demand for the G-7 countries during the period since 1973. It looks for evidence of currency substitution and tests the restrictions implied by cross-border aggregation within Europe. 
538 |a Mode of access: Internet 
700 1 |a Poloz, Stephen. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1992/081 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1992/081/001.1992.issue-081-en.xml  |z IMF e-Library