You are here

dynamic model of aggregate money demand in a European Monetary Union

Download pdf | Full Screen View

Date Issued:
1993
Summary:
Recent proposals for a European Monetary Union raise the prospect of a European-wide monetary authority. Successful implementation of monetary policy by a European central bank would require the existence of a stable relationship between the quantity of money demanded and other macro-variables. This thesis examines the issues and controversies arising from the movement towards European Monetary Union as envisaged by the Maastricht treaty. The theoretical basis of the estimation of dynamic money demand relationships is presented, and a dynamic error-correction model of a nine-country aggregate money demand function is estimated.
Title: A dynamic model of aggregate money demand in a European Monetary Union.
60 views
13 downloads
Name(s): Rubin, Jonathan Laurence.
Florida Atlantic University, Degree grantor
Manage, Neela D., Thesis advisor
College of Business
Department of Economics
Type of Resource: text
Genre: Electronic Thesis Or Dissertation
Issuance: monographic
Date Issued: 1993
Publisher: Florida Atlantic University
Place of Publication: Boca Raton, Fla.
Physical Form: application/pdf
Extent: 129 p.
Language(s): English
Summary: Recent proposals for a European Monetary Union raise the prospect of a European-wide monetary authority. Successful implementation of monetary policy by a European central bank would require the existence of a stable relationship between the quantity of money demanded and other macro-variables. This thesis examines the issues and controversies arising from the movement towards European Monetary Union as envisaged by the Maastricht treaty. The theoretical basis of the estimation of dynamic money demand relationships is presented, and a dynamic error-correction model of a nine-country aggregate money demand function is estimated.
Identifier: 14913 (digitool), FADT14913 (IID), fau:11695 (fedora)
Collection: FAU Electronic Theses and Dissertations Collection
Note(s): College of Business
Thesis (M.A.)--Florida Atlantic University, 1993.
Subject(s): Money--European Economic Community countries
Monetary policy--European Economic Community countries
Monetary unions--European Economic Community countries
European Economic Community countries--Economic policy
Held by: Florida Atlantic University Libraries
Persistent Link to This Record: http://purl.flvc.org/fcla/dt/14913
Sublocation: Digital Library
Use and Reproduction: Copyright © is held by the author, with permission granted to Florida Atlantic University to digitize, archive and distribute this item for non-profit research and educational purposes. Any reuse of this item in excess of fair use or other copyright exemptions requires permission of the copyright holder.
Use and Reproduction: http://rightsstatements.org/vocab/InC/1.0/
Host Institution: FAU
Is Part of Series: Florida Atlantic University Digital Library Collections.