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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Detalhes bibliográficos
Autor principal: Angeloni, Ignazio
Outros Autores: Cottarelli, Carlo, Levy, Aviram
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1991.
coleção:IMF Working Papers; Working Paper ; No. 1991/114
Acesso em linha:Full text available on IMF