Cross-Border Deposits and Monetary Aggregates in the Transition to EMU /

This paper discusses the effect of cross-border deposits (CBDs) for the stability of the relation between monetary aggregates and nominal GDP in the five largest EC countries. The analysis is developed in terms of 'information content' of alternative money definitions (including or excludi...

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Détails bibliographiques
Auteur principal: Angeloni, Ignazio
Autres auteurs: Cottarelli, Carlo, Levy, Aviram
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 1991.
Collection:IMF Working Papers; Working Paper ; No. 1991/114
Accès en ligne:Full text available on IMF