Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen:
https://hdl.handle.net/10419/24838
Kompletter Metadatensatz
DublinCore-Feld | Wert | Sprache |
---|---|---|
dc.contributor.author | Carstensen, Kai | en |
dc.contributor.author | Hagen, Jan | en |
dc.contributor.author | Hossfeld, Oliver | en |
dc.contributor.author | Salazar Neaves, Abelardo | en |
dc.date.accessioned | 2008-09-03 | - |
dc.date.accessioned | 2009-04-09T07:48:02Z | - |
dc.date.available | 2009-04-09T07:48:02Z | - |
dc.date.issued | 2008 | - |
dc.identifier.uri | http://hdl.handle.net/10419/24838 | - |
dc.description.abstract | In this paper we analyze the money demand functions of the four largest EMU countries and of the four-country (EMU-4) aggregate. We identify reasonable and stable money demand relationships for Germany, France and Spain as well as the EMU-4 aggregate. For the case of Italy, results are less clear. From the estimated money demand functions, we derive both EMU-4 and country-specific measures of money overhang. We find that the EMU-4 overhang measure strongly correlates with the countryspecific measures, particularly since the start of EMU, and is useful to predict country-specific inflation. However, it generally does not encompass country-specific money overhang measures as predictors of inflation. Hence, aggregate money overhang is an important, but by far not an exhaustive, indicator fort he disaggregate level. | en |
dc.language.iso | eng | en |
dc.publisher | |aKiel Institute for the World Economy (IfW) |cKiel | en |
dc.relation.ispartofseries | |aKiel Working Paper |x1443 | en |
dc.subject.jel | E41 | en |
dc.subject.jel | E52 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | Money demand | en |
dc.subject.keyword | stability | en |
dc.subject.keyword | money overhang | en |
dc.subject.keyword | inflation forecast | en |
dc.subject.stw | Geldnachfrage | en |
dc.subject.stw | Schätzung | en |
dc.subject.stw | Geldmenge | en |
dc.subject.stw | Monetärer Indikator | en |
dc.subject.stw | Inflation | en |
dc.subject.stw | Europäische Wirtschafts- und Währungsunion | en |
dc.subject.stw | Deutschland | en |
dc.subject.stw | Frankreich | en |
dc.subject.stw | Spanien | en |
dc.subject.stw | Italien | en |
dc.title | Money demand stability and inflation prediction in the four largest EMU countries | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 576815632 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
dc.identifier.repec | RePEc:zbw:ifwkwp:1443 | en |
Datei(en):
Publikationen in EconStor sind urheberrechtlich geschützt.