Search Results - subject:"M3 velocity"

Is there a structural break in equilibrium velocity in the euro area?

Bordes, Christian; Clerc, Laurent; Marimoutou, Vêlayoudom - HAL - 2007

We investigate the stability of M3 income velocity in the euro area. We apply a set of breakpoint procedures to examine this issue and conclude that at least one structural change occurred around 2000-2001. We also ...nd evidence of another structural break around 1992-1993. These two breaks...

Persistent link: https://www.econbiz.de/10010738650

Is there a structural break in equilibrium velocity in the euro area?

Bordes, C.; Clerc, L.; Marimoutou, V. - Banque de France - 2007

We investigate the stability of M3 income velocity in the euro area. We apply a set of breakpoint procedures to examine this issue and conclude that at least one structural change occurred around 2000-2001. We also find evidence of another structural break around 1992-1993. These two breaks seem...

Persistent link: https://www.econbiz.de/10004998833

The Endogenous/Exogenous Nature of South Africa's Money Supply Under Direct and Indirect Monetary Control Measures

Nell, Kevin S. - 1999

supply and not, as a previous study claims, because of an unstable M3 velocity. Although the M3 velocity is stable over the …

Persistent link: https://www.econbiz.de/10010443333

The endogenous/exogenous nature of South Africa's money supply under direct and indirect monetary control measures

Nell, Kevin S. - 1999

supply and not, as a previous study claims, because of an unstable M3 velocity. Although the M3 velocity is stable over the …

Persistent link: https://www.econbiz.de/10011532063