The stability of money demand, its interest sensitivity, and some implications for money as a policy guide

John Carlson ()

Economic Review, 1989, issue Q III, pages 2-13

Abstract: An examination of recent empirical research on money demand, which states that the interest elasticity of money demand is greater than most economists previously thought. The author discusses the policy implications of this research for both the M1 and M2 measures.

Keywords: Money; Velocity of money; Monetary policy (search for similar items in EconPapers)
Date: 1989
View citations in EconPapers

Downloads: (external link)
http://clevelandfed.org/research/review/1989/89-q3-carlson.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Ordering information: This journal article can be ordered from

Access Statistics for this article

More articles in Economic Review from Federal Reserve Bank of Cleveland
Contact information at EDIRC.
Series data maintained by Diane Rosenberger ().