Arbeitspapier
Currency substitution, financial innovations and money demand
This paper presents some Finnish evidence on the importance of currency substitution and financial innovations for money demand. It is also shown that conventional demand for money specifications which do not take these factors into account are clearly misspecified and produce unreasonable results. The problem is particularly acute for narrow concepts of money.
- ISBN
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951-686-221-7
- Language
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Englisch
- Bibliographic citation
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Series: Bank of Finland Discussion Papers ; No. 31/1989
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
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Virén, Matti
- Event
-
Veröffentlichung
- (who)
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Bank of Finland
- (where)
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Helsinki
- (when)
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1989
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Virén, Matti
- Bank of Finland
Time of origin
- 1989