Problems of measuring money supply in the Euro Area |
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Authors: | Ulrike Dennig |
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Institution: | (1) Hamburg Institute for Economic Research (HWWA), Hamburg, Germany |
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Abstract: | With just a few weeks left to go before responsibility for monetary policy is transferred from the EMU member countries to the European Central Bank, there is still no standardised concept for measuring a euro area money supply which could serve as a statistical basis for a money-supply oriented monetary policy strategy. Which problems remain to be solved? |
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