Euro Area Money Demand Stability
(2008)
Journal Article
Cosgrove, M., Singh, C., & Sheehan, M. (2008). Euro Area Money Demand Stability. Journal of Business and Economics Research, 6(2), 15-22
The European Central Bank (ECB) has price level stability as its primary target, and operates via an interest-rate measure to achieve its target over the short term. The ECB also explicitly incorporates a quantity measure, M3, into their monetary fra... Read More about Euro Area Money Demand Stability.