Money Demand in EU Countries : A Survey
Money demand is probably one of the most extensively studies economic relationships in applied economics. While useful surveys of existing literature are available, much of the attention ahes focused on the United States. However, a considerable number of papers have recently been produced dealing with the situation in the EU, both at a country and at an area-wide level, with much of this research being carried out at EU central banks. Therefore, it appears useful to also examine this recent work, both in order to assess the current situation, and to guide future research.
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"Cross-Border Deposits and Monetary Aggregates in the Transition to EMU,"
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- Katrin Wesche, 1997.
"The Stability of European Money Demand: An Investigation of M3H,"
Open Economies Review,
Springer, vol. 8(4), pages 371-391, October.
- Wesche, Katrin, 1995. "The Stability of European Money Demand: An Investigation of M3H," Discussion Paper Serie B 337, University of Bonn, Germany.
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1996,24, Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes.
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"Stability of the demand for M1 and harmonized M3 in Finland,"
Springer, vol. 23(3), pages 317-337.
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- Julio J. Rotemberg & John C. Driscoll & James M. Poterba, 1991.
"Money, Output and Prices: Evidence from A New Monetary Aggregate,"
NBER Working Papers
3824, National Bureau of Economic Research, Inc.
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92-03, Federal Reserve Bank of Richmond.
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- Angelini, P. & Hendry, D.F. & Rinaldi, R., 1993. "An Econometric Analysis of Money Demand in Italy," Papers 219, Banca Italia - Servizio di Studi.
- Jeroen J. M. Kremers & Timothy D. Lane, 1990. "Economic and Monetary Integration and the Aggregate Demand for Money in the EMS," IMF Staff Papers, Palgrave Macmillan, vol. 37(4), pages 777-805, December.
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- Muscatelli, Vito Antonio & Papi, Luca, 1990. "Cointegration, Financial Innovation and Modelling the Demand for Money in Italy," The Manchester School of Economic & Social Studies, University of Manchester, vol. 58(3), pages 242-59, September.
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