Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5062589 | Economics Letters | 2007 | 4 Pages |
Abstract
We try to capture transaction balances within a quantity theoretic framework. We apply it to different euro area countries and the euro area as a whole and find that, overall, only one third of currency holdings are held for transaction purposes.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Franz Seitz,