Long Run Relationship between the High-Power Money and the Money Supply
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Universidad del País Vasco/Euskal Herriko Unibertsitatea
info
Universidad del País Vasco/Euskal Herriko Unibertsitatea
Lejona, España
ISSN: 0032-3233, 2336-8225
Datum der Publikation: 1997
Ausgabe: 45
Nummer: 1
Seiten: 46-58
Art: Artikel
Andere Publikationen in: Politická ekonomie
Zusammenfassung
In the major part covers the monetary policy managed in two levels. The first level is setting down desirable goals for given economy and ways how to reach through regulations transitive goals. This regulation is practised in the second level. The paper is dealing with empirical relationships among monetary base and monetary aggregates with using co-integration methods.