More About the Money Supply: The Formation Table Approach

D. C. Rowan
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D. C. Rowan: University of Southampton

Chapter Chapter 25 in Output, Inflation and Growth, 1983, pp 452-461 from Palgrave Macmillan

Abstract: Abstract The analysis of the previous chapter leads to the conclusion that it is useful to decompose the money supply into two elements: (a) the monetary base (= N + Bd), which is to be treated as a multiplicand (b) a ‘multiplier’ (which we denote by λ)

Keywords: Monetary Policy; Commercial Bank; Money Supply; Money Demand; Government Debt (search for similar items in EconPapers)
Date: 1983
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DOI: 10.1007/978-1-349-06800-5_27

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