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Do monetary aggregates help forecast inflation?

Galina Hale () and Oscar Jorda ()

FRBSF Economic Letter, 2007, issue Apr 13

Abstract: This Economic Letter compares the historical predictive value of monetary aggregates in forecasting inflation in the United States and in the euro area.

Keywords: Money supply; Monetary theory; Inflation (Finance) (search for similar items in EconPapers)
Date: 2007
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