Effect of FR Purchases of Government Securities on M1

John Heim

Chapter Chapter 10 in Why Fiscal Stimulus Programs Fail, Volume 1, 2021, pp 177-205 from Springer

Abstract: Abstract This chapter statistically examines the relationship of Federal Reserve security purchases to M1 growth and finds a strong relationship, but not much correlation between the growth of M1 and the growth of GDP.

Keywords: M1; FR security purchases (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-65675-1_10

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DOI: 10.1007/978-3-030-65675-1_10

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