Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/212060
Authors: 
Mehrotra, Aaron
Year of Publication: 
2007
Series/Report no.: 
Bank of Finland Research Discussion Papers 2/2007
Abstract: 
We examine developments in national contributions to euro area M3 for a sample of nine euro area countries during 1999-2005.We investigate the co-movements of national contributions with euro area M3 and discuss possible reasons for divergencies in growth rates of national contributions.Finally, we evaluate the information content of national contributions to M3 using formal tests of causality between monetary aggregates, consumer prices and equity prices.
Subjects: 
national contribution
M3
euro area
JEL: 
E51
E31
Persistent Identifier of the first edition: 
ISBN: 
978-952-462-348-3
Document Type: 
Working Paper

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