Money Demand in the Euro Area : Where Do We Stand (Today)? /

The paper reviews the stability of long-run money demand in the euro area in the light of recent revisions to M3 data. The analysis confirms the existence of a stable long-run money demand, although the estimated equation implies a smaller equilibrium M3 growth than the European Central Bank's...

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Xehetasun bibliografikoak
Egile nagusia: Kontolemis, Zenon
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2002.
Saila:IMF Working Papers; Working Paper ; No. 2002/185
Sarrera elektronikoa:Full text available on IMF