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M2 growth in 1995: a return to normalcy?

John Carlson () and Benjamin David Keen ()

Economic Commentary, 1995, issue Dec

Abstract: A 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.

Keywords: Economic indicators; Money supply (search for similar items in EconPapers)
Date: 1995

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Handle: RePEc:fip:fedcec:y:1995:i:dec