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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| 格式: | 雜誌 |
| 語言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
2002.
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| 叢編: | IMF Working Papers; Working Paper ;
No. 2002/185 |
| 在線閱讀: | Full text available on IMF |