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Titlebook: Money Demand in Europe; Helmut Lütkepohl,Jürgen Wolters Conference proceedings 1999 Springer-Verlag Berlin Heidelberg 1999 Direct Inflatio

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書(shū)目名稱(chēng)Money Demand in Europe
編輯Helmut Lütkepohl,Jürgen Wolters
視頻videohttp://file.papertrans.cn/639/638859/638859.mp4
叢書(shū)名稱(chēng)Studies in Empirical Economics
圖書(shū)封面Titlebook: Money Demand in Europe;  Helmut Lütkepohl,Jürgen Wolters Conference proceedings 1999 Springer-Verlag Berlin Heidelberg 1999 Direct Inflatio
描述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
出版日期Conference proceedings 1999
關(guān)鍵詞Direct Inflation Targeting; Euro; Euro Currency; Euro-W?hrung; European Central Bank; European Union (EU)
版次1
doihttps://doi.org/10.1007/978-3-662-12539-7
isbn_softcover978-3-7908-2460-5
isbn_ebook978-3-662-12539-7Series ISSN 1431-8830 Series E-ISSN 2196-8950
issn_series 1431-8830
copyrightSpringer-Verlag Berlin Heidelberg 1999
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1431-8830 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 collected978-3-7908-2460-5978-3-662-12539-7Series ISSN 1431-8830 Series E-ISSN 2196-8950
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Money Demand in Europe978-3-662-12539-7Series ISSN 1431-8830 Series E-ISSN 2196-8950
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Conference proceedings 1999ntral 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 suit
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