Wealth and the demand for money: Empirical evidence for the Netherlands and Belgium

被引：3
|
作者：
Fase, MMG
Winder, CCA
机构：
[1] Econometric Research and Special Studies Department, De Nederlandsche Bank NV, 1000 AB Amsterdam
来源：
ECONOMIST | 1996年 / 144卷 / 04期
关键词：
demand for money; financial wealth; narrow and broad money;
D O I：
10.1007/BF01371940
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper examines the impact of wealth on the demand for money in The Netherlands and Belgium. The empirical analysis reveals a substantial influence of wealth on the demand for money. For The Netherlands, incorporating wealth effects mitigates the volatility of the monetary picture. For Belgium this is not the case, indicating that interest and inflation rates are very important for understanding the monetary developments.
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页码：569 / 589
页数：21
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