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...

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Detalhes bibliográficos
Autor principal: Lane, Timothy
Outros Autores: Poloz, Stephen
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1992.
Colecção:IMF Working Papers; Working Paper ; No. 1992/081
Acesso em linha:Full text available on IMF