dc.contributor.author
Nautz, Dieter
dc.contributor.author
Rondorf, Ulrike
dc.date.accessioned
2018-06-08T08:13:56Z
dc.date.available
2010-09-08T12:35:23.788Z
dc.identifier.isbn
978-3-941240-29-2
dc.identifier.uri
https://refubium.fu-berlin.de/handle/fub188/19614
dc.identifier.uri
http://dx.doi.org/10.17169/FUDOCS_document_000000006550
dc.description.abstract
The instability of standard money demand functions has undermined the role of
monetary aggregates for monetary policy analysis in the euro area. This paper
uses country-specific monetary aggregates to shed more light on the economics
behind the instability of euro area money demand. Our results obtained from
panel estimation indicate that the observed instability of standard money
demand functions could be explained by omitted variables like e.g.
technological progress that are important for money demand but constant across
member countries.
de
dc.relation.ispartofseries
urn:nbn:de:kobv:188-fudocsseries000000000314-2
dc.relation.ispartofseries
urn:nbn:de:kobv:188-fudocsseries000000000006-7
dc.rights.uri
http://www.fu-berlin.de/sites/refubium/rechtliches/Nutzungsbedingungen
dc.subject
cross-country analysis
dc.subject
panel error correction model
dc.subject.ddc
300 Sozialwissenschaften::330 Wirtschaft::337 Weltwirtschaft
dc.title
The (in)stability of money demand in the Euro area
dc.title.subtitle
lessons from a cross-country analysis
refubium.affiliation
Wirtschaftswissenschaft
de
refubium.affiliation.other
Volkswirtschaftslehre / Institut für Statistik und Ökonometrie
refubium.mycore.fudocsId
FUDOCS_document_000000006550
refubium.series.issueNumber
2010,17 : Economics
refubium.series.name
Diskussionsbeiträge des Fachbereichs Wirtschaftswissenschaft der Freien Universität Berlin
refubium.mycore.derivateId
FUDOCS_derivate_000000001206
dcterms.accessRights.openaire
open access
