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Interest rates or quantity of money? Edward Nelson on Milton Friedman

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  • Tim Congdon

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  • Tim Congdon, 2021. "Interest rates or quantity of money? Edward Nelson on Milton Friedman," Economic Affairs, Wiley Blackwell, vol. 41(2), pages 320-335, June.
  • Handle: RePEc:bla:ecaffa:v:41:y:2021:i:2:p:320-335
    DOI: 10.1111/ecaf.12467
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    References listed on IDEAS

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    1. Charles Goodhart & Boris Hofmann, 2005. "The IS curve and the transmission of monetary policy: is there a puzzle?," Applied Economics, Taylor & Francis Journals, vol. 37(1), pages 29-36.
    2. Tim Congdon, 2021. "Can central banks run out of ammunition? The role of the money‐equities‐interaction channel in monetary policy," Economic Affairs, Wiley Blackwell, vol. 41(1), pages 21-37, February.
    3. Lucas, Robert Jr., 1972. "Expectations and the neutrality of money," Journal of Economic Theory, Elsevier, vol. 4(2), pages 103-124, April.
    4. Tim Congdon, 2020. "Will the Current Money Growth Acceleration Increase Inflation?," World Economics, World Economics, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE, vol. 21(2), pages 1-24, April.
    5. Milton Friedman, 2005. "A Natural Experiment in Monetary Policy Covering Three Episodes of Growth and Decline in the Economy and the Stock Market," Journal of Economic Perspectives, American Economic Association, vol. 19(4), pages 145-150, Fall.
    6. Milton Friedman & Anna J. Schwartz, 1982. "Monetary Trends in the United States and United Kingdom: Their Relation to Income, Prices, and Interest Rates, 1867–1975," NBER Books, National Bureau of Economic Research, Inc, number frie82-2.
    7. Ben S. Bernanke, 2020. "The New Tools of Monetary Policy," American Economic Review, American Economic Association, vol. 110(4), pages 943-983, April.
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