书目名称 | Money Demand in Europe |
编辑 | Helmut Lütkepohl,Jürgen Wolters |
视频video | |
丛书名称 | Studies in Empirical Economics |
图书封面 |  |
描述 | In 1999 a number of member states of the European Union will adopt a common currency. This change in the monetary system requires that a Eur opean Central Bank is set up and a common monetary policy is pursued. There is general agreement among those countries which are likely to join the common currency that price level stability has to be the ultimate objec tive of monetary po1icy. It is an open issue, however, what kind of policy is best suited for that purpose. The alternative strategies under discussion are a direct inflation targeting, an intermediate monetary targeting or a mixture of both. For these policy strategies a stable money demand relation is of cen tral importance. Therefore a workshop on Money Demand in Europe was organized at the Humboldt University in Berlin on October 10/11, 1997. This research conference brought together academic and central bank econo mists and econometricians predominantly from Europe to discuss issues on specification, estimation and, in particular, stability of money demand rela tions both in a single equation and in a systems framework. In this volume revised versions of the papers presented and discussed at the workshop are collected |
出版日期 | Conference proceedings 1999 |
关键词 | Direct Inflation Targeting; Euro; Euro Currency; Euro-Währung; European Central Bank; European Union (EU) |
版次 | 1 |
doi | https://doi.org/10.1007/978-3-662-12539-7 |
isbn_softcover | 978-3-7908-2460-5 |
isbn_ebook | 978-3-662-12539-7Series ISSN 1431-8830 Series E-ISSN 2196-8950 |
issn_series | 1431-8830 |
copyright | Springer-Verlag Berlin Heidelberg 1999 |