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Diese Dissertation beinhaltet vier Aufsätze, die zur Literatur der Panelkointegrationsmethodik beitragen. Der erste Aufsatz vergleicht die Eigenschaften der vier Residuen-basierten Panelkointegrationstests von Pedroni (1995, 1999) mit dem Likelihood-basierten Panelkointegrationstest von Larsson...
Persistent link: https://www.econbiz.de/10009467014
sensitiv auf die Spezifikation der Geldnachfrage reagiert. Dieser Themenkomplex wird über die Modellierung alternativer … Mikrofundierungen der Geldnachfrage adressiert, die jeweils unterschiedliche Skalierungsvariablen implizieren. Zunächst wird ein Money … Literatur, der dazu führt, dass der private Konsum die Skalierungsvariable der Geldnachfrage wird. Diesem Ansatz werden …
Persistent link: https://www.econbiz.de/10009475313
Persistent link: https://www.econbiz.de/10010353166
The objectives of this research are to analyze the contribution of real income, interest rate, inflation to the change on money demand in Indonesia, to know the contribution of real income, interest rate, money demand to the change on inflation in Indonesia, to know the contribution of real...
Persistent link: https://www.econbiz.de/10009464121
Die Gründung der EWU gilt als das wichtigste monetäre Ereignisse der jüngsten Vergangenheit. In der deutschen Geschichte gab es eine ähnliche Zäsur, die Währungsreform von 1871-76, in der nicht allein die gültigen Währungen, sondern auch das Bankwesen und das Metallregime verändert...
Persistent link: https://www.econbiz.de/10009454685
This paper reports results of a test of money demand and supply as predicted by recent studies applied to small economies with greater openness to external factors. These results suggest that the short- and long-run money balances are determined by both the interest rate policies as well as the...
Persistent link: https://www.econbiz.de/10009441696
, the negative income elasticity which is found is not theory-consistent). Consequently, it appears that money targeting …
Persistent link: https://www.econbiz.de/10009481464
Late in 1982, the growth of the money supply (MI) accelerated sharply while nominal GNP growth declined. The ratio of GNP to MI is refereed to as the "income velocity of money" and the inverse of velocity is the "demand for money." So when income growth slowed while money growth increased, it...
Persistent link: https://www.econbiz.de/10009482984
This paper analyses euro area non-financial corporations (NFCs) money demand, both from a macro and a microeconomic point of view. At a macro level, money holdings are modelled as a function of real gross added value, the price level, the long-term interest rate on bank lending to non-financial...
Persistent link: https://www.econbiz.de/10012530316
The geothermal user's viewpoint in this case is somewhat unique. San Diego Gas & Electric Company, by virtue of its activity in geothermal exploration and development since 1972, is in a position to be considered not only a user of geothermal, but a producer as well through the activities of its...
Persistent link: https://www.econbiz.de/10009435414