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Accelerating money growth: is M2 telling us something?
John Carlson ()
Economic Commentary , 1997, issue Nov
Abstract:
A look at the recent acceleration in M2, examining evidence that its velocity has stabilized around a new trend, analyzing the usefulness of money in monetary policy deliberations, and highlighting some of the pitfalls of ignoring money growth.
Keywords: Money supply ; Monetary policy ; Velocity of money (search for similar items in EconPapers)
Date: 1997
Downloads: (external link)http://www.clevelandfed.org/research/commentary/1997/1101.pdf (application/pdf)
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Persistent link: http://EconPapers.repec.org/RePEc:fip:fedcec:y:1997:i:nov
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