Currency Substitution and Cross-Border Monetary Aggregation: Evidence From the G-7
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Beteilige Person: Lane, Timothy D. (VerfasserIn)
Format: Elektronisch E-Book
Sprache:Englisch
Veröffentlicht: Washington, D.C International Monetary Fund 1992
Schriftenreihe:IMF Working Papers Working Paper No. 92/81
Links:http://elibrary.imf.org/view/IMF001/01485-9781451955040/01485-9781451955040/01485-9781451955040.xml
http://elibrary.imf.org/view/IMF001/01485-9781451955040/01485-9781451955040/01485-9781451955040.xml
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http://elibrary.imf.org/view/IMF001/01485-9781451955040/01485-9781451955040/01485-9781451955040.xml
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http://elibrary.imf.org/view/IMF001/01485-9781451955040/01485-9781451955040/01485-9781451955040.xml
http://elibrary.imf.org/view/IMF001/01485-9781451955040/01485-9781451955040/01485-9781451955040.xml
http://elibrary.imf.org/view/IMF001/01485-9781451955040/01485-9781451955040/01485-9781451955040.xml
http://elibrary.imf.org/view/IMF001/01485-9781451955040/01485-9781451955040/01485-9781451955040.xml
http://elibrary.imf.org/view/IMF001/01485-9781451955040/01485-9781451955040/01485-9781451955040.xml
http://elibrary.imf.org/view/IMF001/01485-9781451955040/01485-9781451955040/01485-9781451955040.xml
http://elibrary.imf.org/view/IMF001/01485-9781451955040/01485-9781451955040/01485-9781451955040.xml
http://elibrary.imf.org/view/IMF001/01485-9781451955040/01485-9781451955040/01485-9781451955040.xml
http://elibrary.imf.org/view/IMF001/01485-9781451955040/01485-9781451955040/01485-9781451955040.xml
http://elibrary.imf.org/view/IMF001/01485-9781451955040/01485-9781451955040/01485-9781451955040.xml
http://elibrary.imf.org/view/IMF001/01485-9781451955040/01485-9781451955040/01485-9781451955040.xml
http://elibrary.imf.org/view/IMF001/01485-9781451955040/01485-9781451955040/01485-9781451955040.xml
http://elibrary.imf.org/view/IMF001/01485-9781451955040/01485-9781451955040/01485-9781451955040.xml
http://elibrary.imf.org/view/IMF001/01485-9781451955040/01485-9781451955040/01485-9781451955040.xml
http://elibrary.imf.org/view/IMF001/01485-9781451955040/01485-9781451955040/01485-9781451955040.xml
Abstract:Is there a stable aggregate money demand relationship for Europe? If so, why, and if not, why not? These questions are important for the implementation of policy by a European central bank, as well as for the appropriate speed of transition to EMU. This paper addresses them in a multi-country empirical study of money demand for the G-7 countries during the period since 1973. It looks for evidence of currency substitution and tests the restrictions implied by cross-border aggregation within Europe
Umfang:1 Online-Ressource (36 p)
ISBN:1451955049
9781451955040