@techreport{Nautz2005Monetary,
abstract = {Although stable money demand functions are crucial for the monetary model of the
exchange rate, empirical research on exchange rates and money demand is more or
less disconnected. This paper tries to fill the gap for the Euro/Dollar exchange rate.
We investigate whether monetary disequilibria provided by the empirical literature
on U.S. and European money demand functions contain useful information about
exchange rate movements. Our results suggest that the empirical performance of
the monetary exchange rate model improves when insights from the money demand
literature are explicitly taken into account.},
author = {Dieter Nautz and Karsten Ruth},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {F31; E41; 330; Euro/Dollar Exchange Rate; Monetary Model; Money Demand Functions; Geldnachfrage; Wechselkurs; Nicht-Walrasianisches Gleichgewicht; Monet\"{a}re Wechselkurstheorie; Sch\"{a}tzung; Vereinigte Staaten; EU-Staaten},
language = {eng},
number = {2005,18},
title = {Monetary disequilibria and the Euro/Dollar exchange rate},
type = {Discussion paper Series 1 / Volkswirtschaftliches Forschungszentrum der Deutschen Bundesbank},
url = {http://hdl.handle.net/10419/19526},
year = {2005}
}
