Add to ORKGRecently the Bundesbank claimed that monetary targeting has become considerably more dicult by the increased volatility of shortterm money growth The present paper investigates the impact of German money growth volatility on income velocity and money demand in view of Friedmans money growth volatility hypothesis Grangercausality tests provide some evidence for a velocityvolatility linkage However the estimation of volatilityaugmented money demand functions re veals that in contrast to Friedmans hypothesis increased money growth volatility lowered the demand for mone
Monetary growth in the euro area has exceeded its target since several years. At the same time, the ...
This paper presents a general equilibrium model of money demand where the velocity of money changes ...
This thesis reports new evidence of a liquidity effect from money supply changes. From evidence, the...
Recently, the Bundesbank claimed that monetary targeting has become considerably more diffcult by th...
Using data from four countries, the paper tests Friedman\u27s hypothesis that the volatility of mone...
This paper re-examines the Friedman hypothesis that uncertainty about the future course of money sup...
In this paper the linkages between money growth and inflation are investigated. Two vector error cor...
On the Long-run Determinants of Income Velocity of Money: A Sectoral Approach Up to now, moneta...
This paper aims to test the Friedmanite proposal on the link between the velocity of money demand an...
Milton Friedman's theory of the influence of money stock changes on interest rates states that a cha...
Monetary economists have devoted considerable effort to establishing a link between the financial in...
This paper presents a general equilibrium model of money demand where the velocity of money changes ...
This paper investigates the causal linkages between velocity of money and both anticipated and unant...
This paper presents secular evidence on the income velocity of money balances. Under a variety of s...
Monetary growth in the euro area has exceeded its target since several years. At the same time, the ...
Monetary growth in the euro area has exceeded its target since several years. At the same time, the ...
This paper presents a general equilibrium model of money demand where the velocity of money changes ...
This thesis reports new evidence of a liquidity effect from money supply changes. From evidence, the...
Recently, the Bundesbank claimed that monetary targeting has become considerably more diffcult by th...
Using data from four countries, the paper tests Friedman\u27s hypothesis that the volatility of mone...
This paper re-examines the Friedman hypothesis that uncertainty about the future course of money sup...
In this paper the linkages between money growth and inflation are investigated. Two vector error cor...
On the Long-run Determinants of Income Velocity of Money: A Sectoral Approach Up to now, moneta...
This paper aims to test the Friedmanite proposal on the link between the velocity of money demand an...
Milton Friedman's theory of the influence of money stock changes on interest rates states that a cha...
Monetary economists have devoted considerable effort to establishing a link between the financial in...
This paper presents a general equilibrium model of money demand where the velocity of money changes ...
This paper investigates the causal linkages between velocity of money and both anticipated and unant...
This paper presents secular evidence on the income velocity of money balances. Under a variety of s...
Monetary growth in the euro area has exceeded its target since several years. At the same time, the ...
Monetary growth in the euro area has exceeded its target since several years. At the same time, the ...
This paper presents a general equilibrium model of money demand where the velocity of money changes ...
This thesis reports new evidence of a liquidity effect from money supply changes. From evidence, the...