Narrow search
Showing 1 - 2 of 2
Cover Image
Money and prices : an I(2) analysis for the euro area
Holtemöller, Oliver - 2002
The concept of integrated stochastic processes is widely used in empirical macroeconomics; and cointegration analysis … considerable empirical method for extracting information from monetary aggregates for monetary policy purposes. -- cointegration …
Persistent link: https://www.econbiz.de/10009620770
Cover Image
Money growth volatility and the demand for money in Germany : Friedman's volatility hypothesis revisited
Brüggemann, Imke; Nautz, Dieter - 1997
Recently, the Bundesbank claimed that monetary targeting has become considerably more diffcult by the increased volatility of short-term money growth. The present paper investigates the impact of German money growth volatility on income velocity and money demand in view of Friedman's money...
Persistent link: https://www.econbiz.de/10009632601