Money Demand in Europe:
In 1999 a number of member states of the European Union will adopt a common currency. This change in the monetary system requires that a Eur opean Central Bank is set up and a common monetary policy is pursued. There is general agreement among those countries which are likely to join the common cur...
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| Other Authors: | , |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Heidelberg
Physica-Verlag HD
1999
|
| Edition: | 1st ed. 1999 |
| Series: | Studies in Empirical Economics
|
| Subjects: | |
| Online Access: | DE-634 Volltext |
| Summary: | In 1999 a number of member states of the European Union will adopt a common currency. This change in the monetary system requires that a Eur opean Central Bank is set up and a common monetary policy is pursued. There is general agreement among those countries which are likely to join the common currency that price level stability has to be the ultimate objec tive of monetary po1icy. It is an open issue, however, what kind of policy is best suited for that purpose. The alternative strategies under discussion are a direct inflation targeting, an intermediate monetary targeting or a mixture of both. For these policy strategies a stable money demand relation is of cen tral importance. Therefore a workshop on Money Demand in Europe was organized at the Humboldt University in Berlin on October 10/11, 1997. This research conference brought together academic and central bank econo mists and econometricians predominantly from Europe to discuss issues on specification, estimation and, in particular, stability of money demand rela tions both in a single equation and in a systems framework. In this volume revised versions of the papers presented and discussed at the workshop are collected. The volume thereby gives an overview of money demand analysis in Europe on the eve of the introduction of the Euro in some European countries. It contributes to the discussion on a suitable monetary policy for the new European Central Bank |
| Physical Description: | 1 Online-Ressource (X, 260 p) |
| ISBN: | 9783662125397 |
| DOI: | 10.1007/978-3-662-12539-7 |
Staff View
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| illustrated | Not Illustrated |
| index_date | 2024-07-03T15:15:39Z |
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| isbn | 9783662125397 |
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| spelling | Money Demand in Europe edited by Helmut Lütkepohl, Jürgen Wolters 1st ed. 1999 Heidelberg Physica-Verlag HD 1999 1 Online-Ressource (X, 260 p) txt rdacontent c rdamedia cr rdacarrier Studies in Empirical Economics In 1999 a number of member states of the European Union will adopt a common currency. This change in the monetary system requires that a Eur opean Central Bank is set up and a common monetary policy is pursued. There is general agreement among those countries which are likely to join the common currency that price level stability has to be the ultimate objec tive of monetary po1icy. It is an open issue, however, what kind of policy is best suited for that purpose. The alternative strategies under discussion are a direct inflation targeting, an intermediate monetary targeting or a mixture of both. For these policy strategies a stable money demand relation is of cen tral importance. Therefore a workshop on Money Demand in Europe was organized at the Humboldt University in Berlin on October 10/11, 1997. This research conference brought together academic and central bank econo mists and econometricians predominantly from Europe to discuss issues on specification, estimation and, in particular, stability of money demand rela tions both in a single equation and in a systems framework. In this volume revised versions of the papers presented and discussed at the workshop are collected. The volume thereby gives an overview of money demand analysis in Europe on the eve of the introduction of the Euro in some European countries. It contributes to the discussion on a suitable monetary policy for the new European Central Bank Europäische Union (DE-588)5098525-5 gnd rswk-swf Macroeconomics/Monetary Economics//Financial Economics European Integration Macroeconomics European Economic Community literature Theorie (DE-588)4059787-8 gnd rswk-swf Geldtheorie (DE-588)4121333-6 gnd rswk-swf Währungsunion (DE-588)4188829-7 gnd rswk-swf Geldnachfrage (DE-588)4128444-6 gnd rswk-swf Europa (DE-588)4015701-5 gnd rswk-swf (DE-588)1071861417 Konferenzschrift 1997 Berlin gnd-content Europäische Union (DE-588)5098525-5 b Währungsunion (DE-588)4188829-7 s Geldnachfrage (DE-588)4128444-6 s Geldtheorie (DE-588)4121333-6 s DE-604 Europa (DE-588)4015701-5 g Theorie (DE-588)4059787-8 s Lütkepohl, Helmut edt Wolters, Jürgen edt Erscheint auch als Druck-Ausgabe 9783790824605 Erscheint auch als Druck-Ausgabe 9783790811827 Erscheint auch als Druck-Ausgabe 9783662125403 https://doi.org/10.1007/978-3-662-12539-7 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Money Demand in Europe Europäische Union (DE-588)5098525-5 gnd Macroeconomics/Monetary Economics//Financial Economics European Integration Macroeconomics European Economic Community literature Theorie (DE-588)4059787-8 gnd Geldtheorie (DE-588)4121333-6 gnd Währungsunion (DE-588)4188829-7 gnd Geldnachfrage (DE-588)4128444-6 gnd |
| subject_GND | (DE-588)5098525-5 (DE-588)4059787-8 (DE-588)4121333-6 (DE-588)4188829-7 (DE-588)4128444-6 (DE-588)4015701-5 (DE-588)1071861417 |
| title | Money Demand in Europe |
| title_auth | Money Demand in Europe |
| title_exact_search | Money Demand in Europe |
| title_exact_search_txtP | Money Demand in Europe |
| title_full | Money Demand in Europe edited by Helmut Lütkepohl, Jürgen Wolters |
| title_fullStr | Money Demand in Europe edited by Helmut Lütkepohl, Jürgen Wolters |
| title_full_unstemmed | Money Demand in Europe edited by Helmut Lütkepohl, Jürgen Wolters |
| title_short | Money Demand in Europe |
| title_sort | money demand in europe |
| topic | Europäische Union (DE-588)5098525-5 gnd Macroeconomics/Monetary Economics//Financial Economics European Integration Macroeconomics European Economic Community literature Theorie (DE-588)4059787-8 gnd Geldtheorie (DE-588)4121333-6 gnd Währungsunion (DE-588)4188829-7 gnd Geldnachfrage (DE-588)4128444-6 gnd |
| topic_facet | Europäische Union Macroeconomics/Monetary Economics//Financial Economics European Integration Macroeconomics European Economic Community literature Theorie Geldtheorie Währungsunion Geldnachfrage Europa Konferenzschrift 1997 Berlin |
| url | https://doi.org/10.1007/978-3-662-12539-7 |
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