German Monetary Unification and the Stability of the German M3 Money Demand Function
Zusammenfassung
This paper employs quarterly data from the whole of Germany to test the stability of M3 demand for money. The methodology is based on an application of the CUSUM and CUSUMSQ in the context of error-correction modeling and cointegration. The results reveal some instability in M3 money demand function.
Schlüsselwörter
CUSUM; CUSUMSQ; Cointegration; M3; Germany
Zitieren als
Bahmani-Oskooee, M., & Bohl, M. (2000). German Monetary Unification and the Stability of the German M3 Money Demand Function. Economics Letters, 66(2), 203–208.Details
Publikationstyp
Forschungsartikel (Zeitschrift)
Begutachtet
Ja
Publikationsstatus
Veröffentlicht
Jahr
2000
Fachzeitschrift
Economics Letters
Band
66
Ausgabe
2
Erste Seite
203
Letzte Seite
208
Sprache
Englisch
ISSN
0165-1765
DOI