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Alternative measures of the monetary base: what are the differences and are they important?

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  • Michelle R. Garfinkel
  • Daniel L. Thornton

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  • Michelle R. Garfinkel & Daniel L. Thornton, 1991. "Alternative measures of the monetary base: what are the differences and are they important?," Review, Federal Reserve Bank of St. Louis, issue Nov, pages 19-35.
  • Handle: RePEc:fip:fedlrv:y:1991:i:nov:p:19-35
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    References listed on IDEAS

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    1. Leonall C. Andersen & Jerry L. Jordan, 1968. "The monetary base-explanation and analytical use," Review, Federal Reserve Bank of St. Louis, vol. 50(Aug), pages 7-11.
    2. Albert E. Burger & Robert H. Rasche, 1977. "Revision of the monetary base," Review, Federal Reserve Bank of St. Louis, vol. 59(Jul), pages 13-28.
    3. Engle, Robert & Granger, Clive, 2015. "Co-integration and error correction: Representation, estimation, and testing," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 39(3), pages 106-135.
    4. David A. Dickey & Dennis W. Jansen & Daniel L. Thornton, 1994. "A Primer on Cointegration with an Application to Money and Income," Palgrave Macmillan Books, in: B. Bhaskara Rao (ed.), Cointegration, chapter 2, pages 9-45, Palgrave Macmillan.
    5. Albert E. Burger, 1979. "Alternative measures of the monetary base," Review, Federal Reserve Bank of St. Louis, vol. 61(Jun), pages 3-8.
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    Citations

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    Cited by:

    1. Granger, C. W. J. & Siklos, Pierre L., 1995. "Systematic sampling, temporal aggregation, seasonal adjustment, and cointegration theory and evidence," Journal of Econometrics, Elsevier, vol. 66(1-2), pages 357-369.
    2. Edward J. Stevens, 1995. "Defining the monetary base in a deregulated financial system," Working Papers (Old Series) 9514, Federal Reserve Bank of Cleveland.
    3. Edward J. Stevens, 1993. "Required clearing balances," Economic Review, Federal Reserve Bank of Cleveland, vol. 29(Q IV), pages 2-14.
    4. Martin B. Schmidt, 2004. "Exogeneity within the M2 Demand Function: Evidence from a Large Macroeconomic System," Economic Inquiry, Western Economic Association International, vol. 42(4), pages 634-646, October.
    5. Martin Schmidt, 2007. "The long and short of money: short-run dynamics within a structural model," Applied Economics, Taylor & Francis Journals, vol. 40(2), pages 175-192.

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