Hondroyiannis, George - In: Economia Internazionale / International Economics 53 (2000) 3, pp. 321-337
This paper investigates the issues of stability, predictability and interestsensitivity of both the long and short run demand for money within the European Union employing quarterly data over the period 1980-1998. The model is closely based on that estimated by Friedman and Schwartz (1982). The...