Euro area money demand: empirical evidence on the role of equity and labour markets
"This study presents empirical evidence on the long-run motives for holding euro area money by focusing on the role of equity and labour markets. Equity positively affects money demand through wealth effects, as equities are a significant store of household wealth and thus part of a financial t...
Main Author: | de Bondt, Gabe J. |
---|---|
Institution: | ETUI-European Trade Union Institute |
Format: | TEXT |
Language: | English |
Published: |
Frankfurt am Main
2009
ECB |
Subjects: | |
Online Access: | https://www.labourline.org/KENTIKA-19187306124919055889-euro-area-money-demand-empiric.htm |
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