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Derivatives: a Monetary Aggregate Approach by Divisia Index: the Importance of Transmission Mechanism on the Development of Derivatives Caner Ozdurak
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Derivatives: a Monetary Aggregate Approach by Divisia Index: the Importance of Transmission Mechanism on the Development of Derivatives
Caner Ozdurak
Does Central Banks loose their control on Monetary Policy? The main scope of the book is to test the empirical validity of enriching money demand function with derivatives using the new monetary aggregates. As a result it is concluded that monetary policy has lost some effectiveness after the introduction of derivative instruments to the financial markets. In the application part time series models are used for modeling money demand and supply.
| Medios de comunicación | Libros Paperback Book (Libro con tapa blanda y lomo encolado) |
| Publicado | 7 de octubre de 2010 |
| ISBN13 | 9783843361897 |
| Editores | LAP LAMBERT Academic Publishing |
| Páginas | 64 |
| Dimensiones | 226 × 4 × 150 mm · 113 g |
| Lengua | Alemán |
Ver todo de Caner Ozdurak ( Ej. Paperback Book )