Narrow search
Showing 1 - 10 of 30,054
Cover Image
Broad Money Demand and Monetary Policy in Tunisia
Treichel, Volker - 2006
The development of empirical foundations to the conduct of monetary policy in Tunisia is the central concern of this …
Persistent link: https://www.econbiz.de/10012782359
Cover Image
Changing Monetary Transmission Mechanisms within the EU.
Juselius, Katarina - Økonomisk Institut, Københavns Universitet - 1997
This paper presents a comparative analysis of monetary transmission mechanisms and changes in them after the "second ERM" in March 1983. The empirical model investigates the determination of money, income, prices and interest rates in Germany, Denmark, and Italy based on the cointegrated VAR...
Persistent link: https://www.econbiz.de/10005749822
Cover Image
Exogeneity, causality, and co-breaking in economic policy analysis of a small econometric model of money in the UK
Mizon, Grayham E.; Hendry, David F. - In: Empirical Economics 23 (1998) 3, pp. 267-294
that the model be congruent and encompassing, and hence exogeneity, causality, cointegration, co-breaking, and invariance …
Persistent link: https://www.econbiz.de/10005166743
Cover Image
Some new evidence on the determinants of money demand in developing countries – A case study of Tunisia
Ben Salha, Ousama; Jaidi, Zied - Volkswirtschaftliche Fakultät, … - 2013
The present paper aims at examining the money demand function in Tunisia during the period 1981-2011. Unlike previous … approach, results reveal evidence of cointegration between broad money demand and its determinants, namely final consumption … period. We conclude that monetary policy in Tunisia should be based on a broad definition of money. Furthermore, the …
Persistent link: https://www.econbiz.de/10011259415
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/10011128092
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/10011128099
Cover Image
Instabile Geldnachfrage im Euroraum?
Dreger, Christian; Wolters, Jürgen - In: Vierteljahrshefte zur Wirtschaftsforschung / Quarterly … 76 (2007) 4, pp. 85-95
Instabilitäten in der Geldnachfrage hin. Ein solcher Befund stellt die monetäre Strategie der EZB in Frage, die wesentlich auf einer … gezeigt, dass die Entwicklung von M3 sowohl kurz- und langfristig im Rahmen einer Standardspezifikation der Geldnachfrage …
Persistent link: https://www.econbiz.de/10005071328
Cover Image
The determinants and stability of money demand in the Republic of Macedonia
Kjosevski, Jordan - In: Zbornik radova Ekonomskog fakulteta u … 31 (2013) 1, pp. 35-54
Republic of Macedonia using monthly data from January 2005 to October 2012. The Johansen cointegration technique and VECM model …
Persistent link: https://www.econbiz.de/10010776393
Cover Image
The Long-Run Stability of European Money Demand
Clausen, Clausen , Volker; Kim, Jeong-Ryeol - In: Journal of Economic Integration 15 (2000), pp. 486-505
The European Central Bank uses a monetary strategy which represents a combination of monetary targeting and direct inflation targeting. In this context, the stability of the long-run European money demand function is widely seen as a precondition for a strategy of monetary targeting. This paper...
Persistent link: https://www.econbiz.de/10010840750
Cover Image
Do Stock Prices Play a Significant Role in Formulating Monetary Policy? A Case Study
Masih, Mansur; De Mello, Lurion - In: Economia Internazionale / International Economics 62 (2009) 2, pp. 203-232
prices) to a rigorous econometric scrutiny. The methods applied extend the well established cointegration and error …
Persistent link: https://www.econbiz.de/10004981530