Narrow search
Showing 1 - 4 of 4
Cover Image
M3 Money Demand and Excess Liquidity in the Euro Area
Dreger, Christian; Wolters, Jürgen - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2008
Money growth in the euro area has exceeded its target since 2001. Likewise, recent empirical studies did not find evidence in favour of a stable long run money demand function. The equation appears to be increasingly unstable if more recent data are used. If the link between money balances and...
Persistent link: https://www.econbiz.de/10005069145
Cover Image
Money Velocity and Asset Prices in the Euro Area
Dreger, Christian; Wolters, Jürgen - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2008
of money demand. This presumption is explored by means of a cointegration analysis. To separate income from wealth …
Persistent link: https://www.econbiz.de/10005069148
Cover Image
Energy consumption and economic growth : new insights into the cointegration relationship
Belke, Ansgar; Dreger, Christian; Haan, Frauke de - 2010
-run relationship. Indeed, cointegration between the common components of the underlying variables indicates that international … energy consumption and economic growth. -- Energy consumption ; panel unit roots ; panel cointegration ; vector …
Persistent link: https://www.econbiz.de/10003975447
Cover Image
The transmission of oil and food prices to consumer prices : evidence for the MENA countries
Belke, Ansgar; Dreger, Christian - 2013
(MENA) countries using threshold cointegration methods. Oil and food price shocks increase domestic prices in the long run …
Persistent link: https://www.econbiz.de/10010195480