Flüchtendes Schwarzgeld sowie aus Osteuropa und der Türkei zurückdrängende DM-Bestände können den Kursverfall des Euro … Kapitalanleger. Es zeigt, dass der Wechselkurs nur von der Bestandsnachfrage nach Geld im engeren Sinne, also Ml oder M0, und nicht …. Euro aus Osteuropa, der Türkei und aus "schwarzen Taschen" an die Zentralbanken der elf Euro-Länder zurückgeflossen sein …

nineties and the puzzling decline of the euro during its virtual existence to changes in the demand for deutschmarks in eastern … the dollar and the weakness of the euro reflect the prosperity of the US and the weakness of the European economy on both …

nineties and the puzzling decline of the euro during its virtual existence to changes in the demand for deutschmarks in eastern … the dollar and the weakness of the euro reflect the prosperity of the US and the weakness of the European economy on both …

nineties and the puzzling decline of the euro during its virtual existence to changes in the demand for deutschmarks in eastern … the dollar and the weakness of the euro reflect the prosperity of the US and the weakness of the European economy on both …

nineties and the puzzling decline of the euro during its virtual existence to changes in the demand for deutschmarks in eastern … the dollar and the weakness of the euro reflect the prosperity of the US and the weakness of the European economy on both …

nineties and the puzzing decline of the euro during its virtual existence to changes in the demand for deutschmark in Eastern … the dollar and the weakness of the euro reflect the prosperity of the US and the weakness of the European economy on both …

This paper investigates the demand for euros using panel data for 10 euro area countries covering the period from 1999 … in housing prices are also able to explain part of the monetary overhang in the euro area since 2005. We conclude that … housing price developments within the euro area are relevant to an understanding of the demand for euros, and thus warrant …

In this paper, different Divisia monetary aggregates for the euro area are constructed over the period from 1980 to … should have an important role in the conduct of monetary policy in the euro area. …

euro exchange rate. The present analysis is of importance for the new EU Member States as they are expected to join in the … future years the euro area, where money is deemed to be highly relevant - within the two-pillar monetary strategy of the …