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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Dettagli Bibliografici
Autore principale: Angeloni, Ignazio
Altri autori: Cottarelli, Carlo, Levy, Aviram
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 1991.
Serie:IMF Working Papers; Working Paper ; No. 1991/114
Accesso online:Full text available on IMF