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A SYSTEM FOR DATING AND DETECTING TURNING POINTS IN THE EURO AREA

✍ Scribed by JACQUES ANAS; MONICA BILLIO; LAURENT FERRARA; GIAN LUIGI MAZZI

Book ID
111042734
Publisher
John Wiley and Sons
Year
2008
Tongue
English
Weight
281 KB
Volume
76
Category
Article
ISSN
1463-6786

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## Abstract Previous euro area money demand studies have used aggregated national time series data from the countries participating in the European Monetary Union (EMU). However, aggregation may be problematic because macroeconomic convergence processes have taken place in the countries of interest