European integration, monetary co-ordination, and the demand for money:
Gespeichert in:
Hauptverfasser: | , |
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Format: | Buch |
Sprache: | English |
Veröffentlicht: |
Oxford [u.a.]
Clarendon Press
1996
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Schlagworte: | |
Online-Zugang: | Inhaltsverzeichnis |
Beschreibung: | XVII, 223 S. graph. Darst. |
ISBN: | 019829011X |
Internformat
MARC
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Datensatz im Suchindex
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adam_text |
European Integration,
Monetary Co-ordination, and
the Demand for Money
CARLO MONTICELLI
LUCA PAPI
CLARENDON PRESS OXFORD
CONTENTS
List of Figures xi
List of Tables xii
List of Abbreviations xiii
Introduction xv
1 European Integration and Monetary Co-ordination 1
1 Why economic policy co-ordination? • 1
2 Why monetary co-ordination in Europe? 7
3 The European Monetary System and its evolution 14
4 The prospect of Economic and Monetary Union 26
5 The exchange rate crisis and the 'very new' ERM 33
2 Monetary Co-ordination, Symmetry, and Area-Wide
Money Demand 42
1 The concept of symmetry 43
• 2 The degree of symmetry of the ERM 53
3 The degree of symmetry and the optimal monetary
instrument 58
Appendix Proofs of the propositions 82
3 The Definition of Money for Open and Integrated
Economies 84
1 The empirical approach: from money to monetary
aggregates 84
2 Holding sectors 87
3 Financial instruments 90
4 Monetary aggregates for an open economy 96
5 Cross-border deposits 101
6 Monetary aggregates for an integrated area 103
Appendix 1 The definition of monetary aggregates in
EU countries 108
Appendix 2 Cross-border deposits in the main EU
countries 114
x ts Contents
4 National and Area-wide Money Demand 119
1 The area-wide approach to money demand:
rationale, advantages, drawbacks 119
2 The available evidence 127
5 EU-wide Money Demand: An Assessment of
Competing Approaches 139
1 The EU-wide variables 139
2 The econometric method 142
3 Stationarity analysis 144
4 Results for Ml and M3 145
5 Extended aggregates including cross-border deposits ' 154
6 An EU-wide application of the buffer stock approach 162
7 An EU-wide Currency Equivalent aggregate 165
8 Summary of the empirical results 174
Appendix 1 Causality analysis 176
Appendix 2 Results for variables converted at PPP
exchange rates 180
Conclusions 186
References 190
Index 213 |
any_adam_object | 1 |
author | Monticelli, Carlo Papi, Luca |
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building | Verbundindex |
bvnumber | BV011031205 |
callnumber-first | H - Social Science |
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callnumber-search | HG929.5.M66 1996 |
callnumber-sort | HG 3929.5 M66 41996 |
callnumber-subject | HG - Finance |
classification_rvk | QM 333 QM 430 |
ctrlnum | (OCoLC)246963192 (DE-599)BVBBV011031205 |
dewey-full | 332.4/9420 |
dewey-hundreds | 300 - Social sciences |
dewey-ones | 332 - Financial economics |
dewey-raw | 332.4/94 20 |
dewey-search | 332.4/94 20 |
dewey-sort | 3332.4 294 220 |
dewey-tens | 330 - Economics |
discipline | Wirtschaftswissenschaften |
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geographic | Europäische Union. Mitgliedsstaaten |
geographic_facet | Europäische Union. Mitgliedsstaaten |
id | DE-604.BV011031205 |
illustrated | Illustrated |
indexdate | 2025-01-02T09:09:36Z |
institution | BVB |
isbn | 019829011X |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-007386420 |
oclc_num | 246963192 |
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physical | XVII, 223 S. graph. Darst. |
publishDate | 1996 |
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publisher | Clarendon Press |
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spelling | Monticelli, Carlo Verfasser aut European integration, monetary co-ordination, and the demand for money Carlo Monticelli ; Luca Papi Oxford [u.a.] Clarendon Press 1996 XVII, 223 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Europäische Union (DE-588)5098525-5 gnd rswk-swf Monetary policy -- European Union countries Demand for money -- European Union countries Währungsunion (DE-588)4188829-7 gnd rswk-swf Geldnachfrage (DE-588)4128444-6 gnd rswk-swf Geldpolitik (DE-588)4019902-2 gnd rswk-swf Europäische Union. Mitgliedsstaaten Europäische Union (DE-588)5098525-5 b Geldpolitik (DE-588)4019902-2 s Geldnachfrage (DE-588)4128444-6 s DE-604 Währungsunion (DE-588)4188829-7 s Papi, Luca Verfasser aut HEBIS Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=007386420&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
spellingShingle | Monticelli, Carlo Papi, Luca European integration, monetary co-ordination, and the demand for money Europäische Union (DE-588)5098525-5 gnd Monetary policy -- European Union countries Demand for money -- European Union countries Währungsunion (DE-588)4188829-7 gnd Geldnachfrage (DE-588)4128444-6 gnd Geldpolitik (DE-588)4019902-2 gnd |
subject_GND | (DE-588)5098525-5 (DE-588)4188829-7 (DE-588)4128444-6 (DE-588)4019902-2 |
title | European integration, monetary co-ordination, and the demand for money |
title_auth | European integration, monetary co-ordination, and the demand for money |
title_exact_search | European integration, monetary co-ordination, and the demand for money |
title_full | European integration, monetary co-ordination, and the demand for money Carlo Monticelli ; Luca Papi |
title_fullStr | European integration, monetary co-ordination, and the demand for money Carlo Monticelli ; Luca Papi |
title_full_unstemmed | European integration, monetary co-ordination, and the demand for money Carlo Monticelli ; Luca Papi |
title_short | European integration, monetary co-ordination, and the demand for money |
title_sort | european integration monetary co ordination and the demand for money |
topic | Europäische Union (DE-588)5098525-5 gnd Monetary policy -- European Union countries Demand for money -- European Union countries Währungsunion (DE-588)4188829-7 gnd Geldnachfrage (DE-588)4128444-6 gnd Geldpolitik (DE-588)4019902-2 gnd |
topic_facet | Europäische Union Monetary policy -- European Union countries Demand for money -- European Union countries Währungsunion Geldnachfrage Geldpolitik Europäische Union. Mitgliedsstaaten |
url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=007386420&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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