Kategorie: Journal

Zeitschriften mit Begutachtungsverfahren

Uncovered Interest Rate Parity and Monetary Convergence of Potential EMU Accession Countries

International Economics and Economic Policy 2, 2005, 33-63 Abstract: This paper analyzes deviations from uncovered interest rate parity which are interpreted as indicator of the substitutability of currencies.

A Monetary Vector Error Correction Model of the Euro Area and Implications for Monetary Policy

Empirical Economics 29, 2004, 553-574 Abstract: In this paper, a vector error correction model for Euro area money, prices, output, long-term interest rate and short-term interest rate with three identified cointegration relations is specified.

Further VAR Evidence for the Effectiveness of a Credit Channel in Germany

Applied Economics Quarterly 49, 2003, 359-381 Abstract: In this paper, the empirical relevance of the credit channel for the explanation of monetary policy transmission in Germany during the period from 1985 to 1998 is analyzed.

Money Stock, Monetary Base and Bank Behaviour in Germany

Jahrbücher für National­ökonomie und Statistik (Journal of Economics and Statistics) 223, 2003, 257-278 Abstract: This paper contributes to the analysis of the money supply process in Germany during the period of monetary targeting by the Bundesbank from 1975-1998.