Wealth Effects on Money Demand in EMU Econometric Evidence
This paper investigates the determinants of money demand (M3) in the euro area. It specifically examines the potential impact of financial and housing wealth on money demand. It tests the hypothesis, whether wealth associated with increases in asset prices is used to finance liquidity holdings in a...
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| Other Authors: | , |
| Format: | eBook Section |
| Language: | Inglés |
| Published: |
Paris :
OECD Publishing
2004.
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| Series: | OECD Economics Department Working Papers,
no.411. |
| Subjects: | |
| See on Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009706606506719 |
