Article ID Journal Published Year Pages File Type
5068273 European Journal of Political Economy 2011 17 Pages PDF
Abstract
► House prices explain cross-country differences in money demand in the euro area. ► This role of housing was smaller before the creation of the euro in 1999. ► This is due to the smaller role of intra-area capital flows before 1999.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Heterogeneity in money holdings across euro area countries: The role of housing
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