The aim of this paper is to study the structural convergence of money demand functions in six European countries (German reunification, France, Spain, Italy, the United Kingdom, the Netherlands). We present a dynamic analysis of structural changes that affect national money demand coefficients (elasticity and semi-elasticity) during the 1982-1997’s period. If heterogenous behaviours appear, we can observe, in pre-EMU countries, an increase in the inflation rate’s dispersion; that can cause problems for the EBC in its choice of monetary strategy. The results allow us to identify a process of monetary convergence though it is not achieved, the homogeneity of the behaviour having been observed only in one case (M2 aggregate in the Netherlands)...
Cluster analysis is used to explore the performance of key macroeconomic variables in European count...
Are Monetary Policy Rules in Europe Converging Prior to the Euro ? by Laurent Bouscharain Has Euro...
Is there a stable aggregate money demand relationship for Europe? If so, why, and if not, why not? T...
International audienceL'objet de cet article est l'étude de la convergence structurelle des comporte...
The paper analyses the demand for money -measured by broad aggregates -in the four main euro-area co...
We study the convergence properties of inflation rates among the countries of the European Monetary ...
This bachelor thesis examines the convergence properties of inflation rates of the Euro-pean Monetar...
This paper presents a multivariate analysis of a money demand system in Europe. The system comprises...
We study the convergence properties of inflation rates among the countries of the European Monetary ...
This paper examines whether the pass-through of monetary policy measures in 6 EMU countries has beco...
This paper explores the determinants of alternative monetary aggregates in Euroland. A sample consis...
This paper examines whether the pass-through of monetary policy measures in 6 EMU countries has beco...
Nominal and Real Convergence in EC and EFTA countries This paper estimates the speed of convergence...
Analyses of the transmission of money market rates to retail interest rates are a way to appreciate ...
In this paper we analyze the convergence of interest rates in the European Monetary System (EMS) in ...
Cluster analysis is used to explore the performance of key macroeconomic variables in European count...
Are Monetary Policy Rules in Europe Converging Prior to the Euro ? by Laurent Bouscharain Has Euro...
Is there a stable aggregate money demand relationship for Europe? If so, why, and if not, why not? T...
International audienceL'objet de cet article est l'étude de la convergence structurelle des comporte...
The paper analyses the demand for money -measured by broad aggregates -in the four main euro-area co...
We study the convergence properties of inflation rates among the countries of the European Monetary ...
This bachelor thesis examines the convergence properties of inflation rates of the Euro-pean Monetar...
This paper presents a multivariate analysis of a money demand system in Europe. The system comprises...
We study the convergence properties of inflation rates among the countries of the European Monetary ...
This paper examines whether the pass-through of monetary policy measures in 6 EMU countries has beco...
This paper explores the determinants of alternative monetary aggregates in Euroland. A sample consis...
This paper examines whether the pass-through of monetary policy measures in 6 EMU countries has beco...
Nominal and Real Convergence in EC and EFTA countries This paper estimates the speed of convergence...
Analyses of the transmission of money market rates to retail interest rates are a way to appreciate ...
In this paper we analyze the convergence of interest rates in the European Monetary System (EMS) in ...
Cluster analysis is used to explore the performance of key macroeconomic variables in European count...
Are Monetary Policy Rules in Europe Converging Prior to the Euro ? by Laurent Bouscharain Has Euro...
Is there a stable aggregate money demand relationship for Europe? If so, why, and if not, why not? T...