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...

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Bibliographic Details
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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