Currency substitution and money demand in Euroland

Detalhes bibliográficos
Autor(a) principal: Freitas, Miguel Lebre de
Data de Publicação: 2006
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/1822/7122
Resumo: This paper draws on an earlier version and was prepared while the author was at the Bank of Portugal (the usual disclaimer applies). It was presented at the 2003 Meeting of the Economic Modelling Network. The author acknowledges Luis Catela Nunes, Carlos Santos, Carlos Robalo Marques, Nuno Alves, and an anonymous referee for their helpful suggestions.
id RCAP_25c319da4ca7440994090b8d1ed92041
oai_identifier_str oai:repositorium.sdum.uminho.pt:1822/7122
network_acronym_str RCAP
network_name_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository_id_str 7160
spelling Currency substitution and money demand in EurolandEMUMoney demandInternational currenciesCurrency substitutionThis paper draws on an earlier version and was prepared while the author was at the Bank of Portugal (the usual disclaimer applies). It was presented at the 2003 Meeting of the Economic Modelling Network. The author acknowledges Luis Catela Nunes, Carlos Santos, Carlos Robalo Marques, Nuno Alves, and an anonymous referee for their helpful suggestions.This paper tests the stability of the demand for money in the euro-area in the context of an open economy. A sample consisting of quarterly data covering the 1982:2–1999:3 period is considered. The main finding is that the U.S. dollar long-term interest rate plays a significant role in the European money demand relationship. This result holds for different combinations of variables forming the vector auto-regressive system and suggests that international monetary interdependency may be an important factor influencing the ECB monetary policy.Universidade do MinhoFreitas, Miguel Lebre de20062006-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/1822/7122eng"Atlantic Economic Journal". ISSN 0197-4254. 34:3 (2006) 275-287.0197-4254info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-07-21T12:49:48Zoai:repositorium.sdum.uminho.pt:1822/7122Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T19:48:22.888886Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Currency substitution and money demand in Euroland
title Currency substitution and money demand in Euroland
spellingShingle Currency substitution and money demand in Euroland
Freitas, Miguel Lebre de
EMU
Money demand
International currencies
Currency substitution
title_short Currency substitution and money demand in Euroland
title_full Currency substitution and money demand in Euroland
title_fullStr Currency substitution and money demand in Euroland
title_full_unstemmed Currency substitution and money demand in Euroland
title_sort Currency substitution and money demand in Euroland
author Freitas, Miguel Lebre de
author_facet Freitas, Miguel Lebre de
author_role author
dc.contributor.none.fl_str_mv Universidade do Minho
dc.contributor.author.fl_str_mv Freitas, Miguel Lebre de
dc.subject.por.fl_str_mv EMU
Money demand
International currencies
Currency substitution
topic EMU
Money demand
International currencies
Currency substitution
description This paper draws on an earlier version and was prepared while the author was at the Bank of Portugal (the usual disclaimer applies). It was presented at the 2003 Meeting of the Economic Modelling Network. The author acknowledges Luis Catela Nunes, Carlos Santos, Carlos Robalo Marques, Nuno Alves, and an anonymous referee for their helpful suggestions.
publishDate 2006
dc.date.none.fl_str_mv 2006
2006-01-01T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/1822/7122
url http://hdl.handle.net/1822/7122
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv "Atlantic Economic Journal". ISSN 0197-4254. 34:3 (2006) 275-287.
0197-4254
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv
_version_ 1799133061654249472