Add to ORKGA discussion of M2's demise as a reliable indicator of financial conditions in the economy, and a look at recent evidence suggesting that even though the aggregate has been behaving more normally over the past year or so, it is unlikely to regain its status as a key policy guide any time soon.Economic indicators ; Money supply
The Shadow Open Market Committee has traditionally summarized its monetary-policy advice in a recomm...
The period 1979-86 saw (1) high interest rates, (2) volatile money growth, and (3) new Fed operating...
There is substantial research effort devoted to identifying a sufficient statistic for monetary poli...
A deterioration in the link between the M2 monetary aggregate and GDP, along with large errors in pr...
An important issue underlying the current dis-cussion of monetary policy is the interpretation of th...
For several reasons, it is important that Federal Reserve policymakers have a good un-derstanding of...
I t is now known that the public's M2 demand experienced a leftward shift in the early 1990s. S...
This paper studies the possibility of using the broad monetary aggregate M2 to target the quarterly ...
Narrow Money-Transactions Money The growth rate of the narrow monetary aggregates picked up in 1999,...
This article considers constructing monetary aggregates in the presence of financial market innovati...
Late in 1982, the growth of the money supply (MI) accelerated sharply while nominal GNP growth decli...
Abstract. The monetary aggregate M2 increased from $15,473 billion in February 2020 to $19,670 billi...
This thesis examines the linkages among the monetary aggregates, inflation, and the economy through ...
Milton Friedman, one of greatest economists of all time, died on November 16, 2006 at age 94. He w...
This issue brief investigates the effects of changes in money supply growth on the current economic ...
The Shadow Open Market Committee has traditionally summarized its monetary-policy advice in a recomm...
The period 1979-86 saw (1) high interest rates, (2) volatile money growth, and (3) new Fed operating...
There is substantial research effort devoted to identifying a sufficient statistic for monetary poli...
A deterioration in the link between the M2 monetary aggregate and GDP, along with large errors in pr...
An important issue underlying the current dis-cussion of monetary policy is the interpretation of th...
For several reasons, it is important that Federal Reserve policymakers have a good un-derstanding of...
I t is now known that the public's M2 demand experienced a leftward shift in the early 1990s. S...
This paper studies the possibility of using the broad monetary aggregate M2 to target the quarterly ...
Narrow Money-Transactions Money The growth rate of the narrow monetary aggregates picked up in 1999,...
This article considers constructing monetary aggregates in the presence of financial market innovati...
Late in 1982, the growth of the money supply (MI) accelerated sharply while nominal GNP growth decli...
Abstract. The monetary aggregate M2 increased from $15,473 billion in February 2020 to $19,670 billi...
This thesis examines the linkages among the monetary aggregates, inflation, and the economy through ...
Milton Friedman, one of greatest economists of all time, died on November 16, 2006 at age 94. He w...
This issue brief investigates the effects of changes in money supply growth on the current economic ...
The Shadow Open Market Committee has traditionally summarized its monetary-policy advice in a recomm...
The period 1979-86 saw (1) high interest rates, (2) volatile money growth, and (3) new Fed operating...
There is substantial research effort devoted to identifying a sufficient statistic for monetary poli...