Showing 1 - 7 of 7
Money demand is probably one of the most extensively studies economic relationships in applied economics. While useful surveys of existing literature are available, much of the attention ahes focused on the United States. However, a considerable number of papers have recently been produced...
Persistent link: https://www.econbiz.de/10005671625
This paper seeks to contribute to debate on the issue of reform of pension systems in the EU, in the context of the direct effects of such provisions on fiscal policy.
Persistent link: https://www.econbiz.de/10005780903
This study focuses on longer term influences and provides some potential explanations in ECU markets which were regarder by some financial market participants as puzzles.
Persistent link: https://www.econbiz.de/10005486856
This study addresses the issue of relations between the balances of individual sectors, applying standard statistical measures. A number of general observations were make. First, it is apparent that imbalances of the public, private and external sectors in most EU countries have tended to...
Persistent link: https://www.econbiz.de/10005486857
This study examines the changing relationship between domestic long-term , domestic short-term and foreign long-term interest rates.
Persistent link: https://www.econbiz.de/10005641235
The increasing weight of open market transactions in central bank operations and the widening use of purchase agreements underlines a progress towards convergence of monetary policy instruments and procedures in EU countries. This paper presents a survey of features of open market operations...
Persistent link: https://www.econbiz.de/10005641236
This paper provides empirical evidence on the use of monetary policy instruments and procedures (MPIP) in EU countries. In particular, it focuses on three important issues which arise in this context. Fist, we examine the structural position of the EU money markets. Second , evidence is...
Persistent link: https://www.econbiz.de/10005641237