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Econometric Modelling of European Money Demand: Aggregation, Cointegration, Identification (Contributions to Economics) [Paperback]

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Item description for Econometric Modelling of European Money Demand: Aggregation, Cointegration, Identification (Contributions to Economics) by Engelbert Plassmann...

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 problem dealt with in this book. Its basic theoretical ingredients comprise a data-driven approach to econometric modelling and a generalized approach to cross-sectional aggregation. The resulting econometric model systematically combines statistical and economic theory by extending a cointegrated VAR into a structural ECM. The empirical outcome is a data-consistent causal money demand function, isolated within a properly identified dynamic macroeconomic system for Europe.



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Item Specifications...


Pages   204
Est. Packaging Dimensions:   Length: 9.21" Width: 6.14" Height: 0.46"
Weight:   0.74 lbs.
Binding  Softcover
Release Date   Nov 11, 2002
Publisher   Physica-Verlag Heidelberg
ISBN  3790815225  
ISBN13  9783790815221  


Availability  100 units.
Availability accurate as of Jan 23, 2017 11:01.
Usually ships within one to two business days from La Vergne, TN.
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Product Categories

1Books > Special Features > New & Used Textbooks > Business & Finance > Economics > Macroeconomics
2Books > Subjects > Business & Investing > Economics > Econometrics
3Books > Subjects > Business & Investing > Economics > General
4Books > Subjects > Business & Investing > Economics > Macroeconomics
5Books > Subjects > Business & Investing > Economics > Money & Monetary Policy
6Books > Subjects > Business & Investing > Finance
7Books > Subjects > Business & Investing > General
8Books > Subjects > Science > Mathematics > Applied



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