Econometric Modelling of European Money Demand: Aggregation, Cointegration, Identification (Contributions to Economics) by Engelbert Plassmann
English | Nov 11, 2002 | ISBN: 3790815225 | 204 Pages | PDF | 12 MB
The introduction of a single European currency constitutes a remarkable instance of internationalization of monetary policy. Whether a concomitant internationalization can be detected also in the econometric foundations of monetary policy is the topic dealt with in this book. The basic theoretical ingredients comprise a data-driven approach to econometric modelling and a generalized approach to cross-sectional aggregation.