The Implications of Cross-Border Monetary Aggregation

The Implications of Cross-Border Monetary Aggregation
Some recent studies suggest the possibility of estimating a stable aggregate demand-for-money relationship for the group of countries participating in the European Monetary System. These results are of particular relevance in connection with the task of setting policy targets for a European Central Bank. This paper uses a theoretical... READ MORE...

Publication date: September 1992
ISBN 9781451959789
$15.00

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