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Choosing between M1 and debt as an intermediate target for monetary policy

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  • Hafer, R. W.

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  • Hafer, R. W., 1985. "Choosing between M1 and debt as an intermediate target for monetary policy," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 22(1), pages 89-132, January.
    • Handle: RePEc:eee:crcspp:v:22:y:1985:i::p:89-132
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    1. Stephen M. Goldfeld & Alan S. Blinder, 1972. "Some Implications of Endogenous Stabilization Policy," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 3(3), pages 585-644.
    2. Cagan, Phillip, 1982. "The Choice among Monetary Aggregates as Targets and Guides for Monetary Policy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 14(4), pages 661-686, November.
    3. Pagano, Marcello & Hartley, Michael J., 1981. "On fitting distributed lag models subject to polynomial restrictions," Journal of Econometrics, Elsevier, vol. 16(2), pages 171-198, June.
    4. Lawrence S. Davidson & Rik Hafer, 1983. "Some evidence on selecting an intermediate target of monetary policy," Working Papers 1982-010, Federal Reserve Bank of St. Louis.
    5. Feige, Edgar L & McGee, Robert, 1979. "Has the Federal Reserve Shifted from a Policy of Interest Rate Targets to a Policy of Monetary Aggregate Targets?," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 11(4), pages 381-404, November.
    6. Dallas S. Batten & Rik Hafer, 1983. "The relative impact of monetary and fiscal actions on economic activity: a cross-country comparison," Review, Federal Reserve Bank of St. Louis, vol. 65(Jan), pages 5-12.
    7. Rasche, Robert H. & Tatom, John A., 1981. "Energy price shocks, aggregate supply and monetary policy: The theory and the international evidence," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 14(1), pages 9-93, January.
    8. Granger, C W J, 1969. "Investigating Causal Relations by Econometric Models and Cross-Spectral Methods," Econometrica, Econometric Society, vol. 37(3), pages 424-438, July.
    9. Geweke, John & Meese, Richard & Dent, Warren, 1983. "Comparing alternative tests of causality in temporal systems : Analytic results and experimental evidence," Journal of Econometrics, Elsevier, vol. 21(2), pages 161-194, February.
    10. Sims, Christopher A, 1972. "Money, Income, and Causality," American Economic Review, American Economic Association, vol. 62(4), pages 540-552, September.
    11. Leonall C. Andersen, 1975. "A monetary model of nominal income determination," Review, Federal Reserve Bank of St. Louis, vol. 57(Jun), pages 9-19.
    12. John A. Tatom, 1981. "Energy prices and short-run economic performance," Review, Federal Reserve Bank of St. Louis, vol. 63(Jan), pages 3-17.
    13. Benjamin M. Friedman, 1981. "The Relative Stability of Money and Credit "Velocities" in the United States: Evidence and Some Speculations," NBER Working Papers 0645, National Bureau of Economic Research, Inc.
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