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Monetary growth in the euro area has exceeded its target level especially since 2001. Likewise, recent empirical studies did not find evidence in favour of a stable long run relationship between the variables entering the money demand function. Instead the equation appears to be increasingly...
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integration ; EU ; stock markets ; ß-convergence ; s-convergence ; correlation analysis …
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A S üdk or ea R u ssl a n d K anada EU Lat ei nam er i k a I ndi en Quelle: Scheuerle (2009). 7 Rezessionen deuten … ktu r) Tr an s f er- z a h lunge n S t eu er - se nku nge n un d -gu t sc hr ifte n V e rä nde run g d e r S t … eu er - be stim m unge n Sc hne lli g- ke it de r R e a lisie rung a Arbe its ma rkt- e ffe kte b C r ow di ng- ou …
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