Paper #496
- Title:
- The daily market for funds in Europe: Mathematical appendix
- Authors:
- Gabriel Pérez and Hugo RodrÃguez
- Date:
- July 2000
- Abstract:
- This paper includes the derivations of the main expressions in the paper ``The Daily Market for Funds in Europe: Has Something Changed With the EMU?'' by G. Pérez Quirós and H. Rodríguez Mendizábal.
- Keywords:
- Overnight rates, reserve demand, martingale hypothesis
- JEL codes:
- E44, E52
- Area of Research:
- Macroeconomics and International Economics
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