The effects of disinflationary policies on monetary velocity

William G. Dewald and William Gavin ()

No 8901, Working Papers (Old Series) from Federal Reserve Bank of Cleveland

Abstract: A study of the effect of disinflation policies on monetary velocity, which shows a systematic relation between unexpected changes in the money-income relationship and changes in the trends of inflation rates, and which concludes that the failure to commit to a stable price policy tends to destabilize the economy.

Keywords: Velocity of money; Inflation (Finance); Monetary policy (search for similar items in EconPapers)
Date: 1989
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://fraser.stlouisfed.org/scribd/?item_id=4945 ... 9-01.pdf#scribd-open Full text (application/pdf)

Related works:
Journal Article: The Effect of Disinflationary Policies on Monetary Velocity (1989)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedcwp:8901

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in Working Papers (Old Series) from Federal Reserve Bank of Cleveland Contact information at EDIRC.
Bibliographic data for series maintained by 4D Library ().