Aggregierte Geldnachfrage in Europa. Eine empirische Untersuchung der Geldmenge M1.

The paper investigates the existence of a stable money demand function for four major european countries. Estimation of individual and aggregate money demand functions is performed using the cointegration framework developed by Engle and Granger (1987). The results for aggregate and individual equations are compared with respect to parameter values, explanatory power, and forecasting performance.

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Year of publication:	1994-02
Authors:	Wesche, Katrin
Institutions:	University of Bonn, Germany
Subject:	demand for money \| European monetary integration \| aggregation

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Extent:	application/pdf
Series:	Discussion Paper Serie B.
Type of publication:	Book / Working Paper
Language:	German
Classification:	E41 - Demand for Money ; F - International Economics
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10004968321