書目名稱 | Money Demand in Europe |
編輯 | Helmut Lütkepohl,Jürgen Wolters |
視頻video | http://file.papertrans.cn/639/638859/638859.mp4 |
叢書名稱 | Studies in Empirical Economics |
圖書封面 |  |
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 |
doi | https://doi.org/10.1007/978-3-662-12539-7 |
isbn_softcover | 978-3-7908-2460-5 |
isbn_ebook | 978-3-662-12539-7Series ISSN 1431-8830 Series E-ISSN 2196-8950 |
issn_series | 1431-8830 |
copyright | Springer-Verlag Berlin Heidelberg 1999 |