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Controllability of Various Monetary Aggregates

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  • Lamberte, Mario B.

Abstract

Analysis of the estimation performed indicates the need for adequate attention over the target aggregates. In the light of other policies undermining monetary control, it is worthwhile to ensure transparency on the central bank’s goal.

Suggested Citation

  • Lamberte, Mario B., 1984. "Controllability of Various Monetary Aggregates," Philippine Journal of Development JPD 1984 Vol. XI No. 2-d, Philippine Institute for Development Studies.
  • Handle: RePEc:phd:pjdevt:jpd_1984_vol__xi_no__2-d
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    References listed on IDEAS

    as
    1. Johannes, James M. & Rasche, Robert H., 1979. "Predicting the money multiplier," Journal of Monetary Economics, Elsevier, vol. 5(3), pages 301-325, July.
    2. Anatol Balbach, 1981. "How controllable is money growth," Review, Federal Reserve Bank of St. Louis, vol. 63(Apr), pages 3-12.
    3. William E. Cullison, 1982. "Money, the monetary base, and nominal GNP," Economic Review, Federal Reserve Bank of Richmond, vol. 68(May), pages 3-13.
    4. Bomhoff, Edward J., 1977. "Predicting the money multiplier : A case study for the U.S. and the Netherlands," Journal of Monetary Economics, Elsevier, vol. 3(3), pages 325-345, July.
    5. Dallas S. Batten & Daniel L. Thornton, 1983. "Polynomial distributed lags and the estimation of the St. Louis equation," Review, Federal Reserve Bank of St. Louis, vol. 65(Apr), pages 13-25.
    6. Buttler, H. -J. & Gorgerat, J. -F. & Schiltknecht, H. & Schiltknecht, K., 1979. "A multiplier model for controlling the money stock," Journal of Monetary Economics, Elsevier, vol. 5(3), pages 327-341, July.
    7. John A. Tatom, 1979. "Money stock control under alternative definitions of money," Review, Federal Reserve Bank of St. Louis, vol. 61(Nov), pages 3-9.
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