Narrow search
Showing 1 - 10 of 25,505
Cover Image
Financial Crises and Money Demand in Jamaica
Atkins, Fiona - Birkbeck, Department of Economics, Mathematics & Statistics - 2005
This paper estimates the money demand function for Jamaica using a Structural co-integrating VAR. This approach provides estimates of the long run structural relations and also reveals the complex short run feedbacks of monetary policy on key macro variables. In recent years Jamaican governments...
Persistent link: https://www.econbiz.de/10005509604
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 … 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
Monetary growth in the euro area has exceeded its target since several years. At the same time, the money demand function seems to be increasingly unstable if more recent data are used. If the link between money balances and the macroeconomy is fragile, the rationale of monetary aggregates in...
Persistent link: https://www.econbiz.de/10004963942
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/10004963949
Cover Image
Investigating M3 Money Demand in the Euro Area: New Evidence Based on Standard Models
Dreger, Christian; Wolters, Jürgen - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2006
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...
Persistent link: https://www.econbiz.de/10005068912
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
Monetary growth in the euro area has exceeded its target since several years. At the same time, the money demand function seems to be increasingly unstable if more recent data are used. If the link between money balances and the macroeconomy is fragile, the rationale of monetary aggregates in...
Persistent link: https://www.econbiz.de/10005069148
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
Money Velocity and Asset Prices in the Euro Area
Dreger, Christian; Wolters, Jürgen - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2008
Monetary growth in the euro area has exceeded its target since several years. At the same time, the money demand function seems to be increasingly unstable if more recent data are used. If the link between money balances and the macroeconomy is fragile, the rationale of monetary aggregates in...
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