Effect of Increases in Loanable Funds or M1 on the GDP

John Heim

Chapter Chapter 11 in Why Fiscal Stimulus Programs Fail, Volume 1, 2021, pp 207-232 from Springer

Abstract: Abstract This chapter examines the effect of M1 and loanable funds availability on GDP and concludes FR purchases have a positive effect, and that the effect is felt mainly through changes in M1’s effect on housing investment and 2 years later, changes in demand for consumer services.

Keywords: M1; Loanable funds; 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_11

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DOI: 10.1007/978-3-030-65675-1_11

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