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The Vanishing Liquidity Effect of Money on Interest: Analysis and Implications for Policy

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Author Info
Melvin, Michael

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Abstract

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Publisher Info
Article provided by Oxford University Press in its journal Economic Inquiry.

Volume (Year): 21 (1983)
Issue (Month): 2 (April)
Pages: 188-202
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Handle: RePEc:oup:ecinqu:v:21:y:1983:i:2:p:188-202

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  1. Alex Cukierman & G. J. Santoni, 1987. "Some problems with current price indexes," Working Papers 1987-002, Federal Reserve Bank of St. Louis. [Downloadable!]
  2. Daniel L. Thornton, 1998. "The Federal Reserve's operating procedure, nonborrowed reserves, borrowed reserves and the liquidity effect," Working Papers 1998-009, Federal Reserve Bank of St. Louis. [Downloadable!]
    Other versions:
  3. Ben Fung & Rohit Gupta, 1995. "Searching for the Liquidity Effect in Canada," Macroeconomics 9502004, EconWPA. [Downloadable!]
  4. Eric M. Leeper & David B. Gordon, 1991. "In search of the liquidity effect," International Finance Discussion Papers 403, Board of Governors of the Federal Reserve System (U.S.). [Downloadable!]
    Other versions:
  5. Norrbin, Stefan, 2001. "What Have We Learned from Empirical Tests of the Monetary Transmission Effect," Working Paper Series 121, Sveriges Riksbank (Central Bank of Sweden). [Downloadable!]
  6. Ignazio Angeloni & Alessandro Prati, 1996. "The identification of liquidity effects in the EMS: Italy 1991–1992," Open Economies Review, Springer, vol. 7(3), pages 275-293, July. [Downloadable!] (restricted)
  7. Ben Fung & Rohit Gupta, . "Searching for the Liquidity Effect in Canada," Working Papers 94-12, Bank of Canada. [Downloadable!]
  8. Lawrence J. Christiano, 1991. "Modeling the liquidity effect of a money shock," Quarterly Review, Federal Reserve Bank of Minneapolis, issue Win, pages 3-34. [Downloadable!]
  9. Verónica Mies & Felipe Morandé & Matías Tapia, 2002. "Política Monetaria y Mecanismos de Transmisión: Nuevos Elementos para una Vieja Discusión," Working Papers Central Bank of Chile 181, Central Bank of Chile. [Downloadable!]
  10. Daniel L. Thornton, 1984. "Monetizing the debt," Review, Federal Reserve Bank of St. Louis, issue Dec, pages 30-43. [Downloadable!]
  11. Benjamin J. C. Kim & Noor A. Ghazali, 1998. "The Liquidity Effect Of Money Shocks On Short-Term Interest Rates: Some International Evidence," International Economic Journal, Korean International Economic Association, vol. 12(4), pages 49-63, December. [Downloadable!] (restricted)
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