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Understanding the recent behavior of M2

John Carlson () and Sharon E. Parrott

Economic Commentary, 1991, issue Jun 15

Abstract: A discussion of the unanticipated weakness in the M2 monetary aggregate in recent years, suggesting that the shortfall may be largely attributable to the restructuring of the thrift industry, and an explanation of why economic models predicting M2 growth have had difficulty tracking this weakness.

Keywords: Money supply; Savings and loan associations (search for similar items in EconPapers)
Date: 1991

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