Narrow search
Showing 1 - 10 of 3,445
Cover Image
Dynamic econometrics in action: a biography of David F. Hendry
Ericsson, Neil R. - 2021
Persistent link: https://www.econbiz.de/10012589414
Cover Image
Is euro area demand (still) stable? : cointegrated VAR versus single equation techniques
Belke, Ansgar; Czudaj, Robert - 2010
In this paper we present an empirically stable euro area money demand model. Using a sample period until 2009:2 shows that the current financial and economic crisis that started in 2007 does not appear to have any noticeable impact on the stability of the euro area money demand function. We also...
Persistent link: https://www.econbiz.de/10010208785
Cover Image
Money-multiplier shocks
Benati, Luca; Ireland, Peter N. - 2017
Persistent link: https://www.econbiz.de/10011712889
Cover Image
Currency circulation after currency board introduction in Bulgaria : (transactions demand, hoarding, shadow economy)
Nenovski, Nikolaj; Hristov, Kalin - 2000
Persistent link: https://www.econbiz.de/10001852538
Cover Image
The transmission of German monetary policy in the pre-Euro period
Lütkepohl, Helmut; Wolters, Jürgen - 2001
A small macroeconomic model is constructed to study the transmission of the monetary policy conducted by the Deutsche Bundesbank (DBB) since the middle of the 1970s. For this purpose quarterly, seasonally unadjusted data for the period from 1975 to 1998 are used, that is, the period until the...
Persistent link: https://www.econbiz.de/10011400913
Cover Image
A microfounded model of money demand under uncertainty, and its empirical validation using cointegration and rolling-window dynamic multiplier analysis
Größl, Ingrid; Tarassow, Artur - 2015
In this article we derive a microfounded model of money demand under uncertainty built on intertemporally optimizing risk-averse households. Deriving a complete solution of the optimization problem taking the intertemporal budget constraint into account leads to ambiguous effects w.r.t. to the...
Persistent link: https://www.econbiz.de/10010520781
Cover Image
Money demand in Europe : evidence from the past
Hahn, Elke; Müller, Christian - 2000
-variate time series modelling using aggregated data of all eleven European Monetary Union member states. A cointegration analysis …
Persistent link: https://www.econbiz.de/10011432808
Cover Image
Stability of the demand for real narrow money in lndonesia
Anglingkusumo, Reza - 2005
The stability of the demand for real Ml in Indonesia is empirically examinedusing quarterly data between 1981 and 2002. A cointegrated VAR methodology thatisolates the period of structural breaks in the data generating process of the variables,caused by the Asian crisis, is used. The results...
Persistent link: https://www.econbiz.de/10011343266
Cover Image
Expected money growth, Markov trends and the instability of money demand in the euro area
Kaufmann, Sylvia; Kugler, Peter - 2007 - This version: December 2007
with a switching intercept term. Of course, this likely leads to a rejection of cointegration by standard tests and to the …
Persistent link: https://www.econbiz.de/10011570250
Cover Image
The long-run demand for M2 reconsidered
Altermatt, Sophie - 2018
first half of the 19th century. The evidence from cointegration tests suggests that a long-run equilibrium relationship for …) cointegration tests produce strong evidence in favor of a stable long-run money demand. Evidence for Israel and Lebanon is weaker … demand or it is mixed across money demand specifications and/or type of cointegration test. …
Persistent link: https://www.econbiz.de/10011961332