Money demand in the euro area: new insights from disaggregated data
"Conventional money demand specifications in the euro area have become unstable since 2001. We specify a money demand equation in deviations of individual euro area Member States variables from the euro area average and show that the income elasticity as well as the interest rate semi-elasticit...
| Main Authors: | , |
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| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
International Economics and Economic Policy
2012
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| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19129814124919470969-Money-demand-in-the-euro-area-.htm |
