Portfolio substitution and the reliability of M1, M2 and M3 as monetary policy indicators
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References listed on IDEAS
- Bharat Trehan & Carl E. Walsh, 1987. "Portfolio Substitution And Recent M1 Behavior," Contemporary Economic Policy, Western Economic Association International, vol. 5(1), pages 54-63, January.
- John P. Judd & Bharat Trehan, 1987. "Velocity in the 1980s: an analysis of interactions among monetary components," Working Papers in Applied Economic Theory 87-05, Federal Reserve Bank of San Francisco.
- Richard G. Davis & Leon Korobow & John Wenninger, 1986. "Bankers on pricing consumer deposits," Quarterly Review, Federal Reserve Bank of New York, issue Win, pages 6-13.
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- Frederick T. Furlong, 1989. "Commodity prices as a guide for monetary policy," Economic Review, Federal Reserve Bank of San Francisco, issue Win, pages 21-38.
- Yash P. Mehra, 1989. "Some further results on the source of shift in M1 demand in the 1980s," Economic Review, Federal Reserve Bank of Richmond, issue Sep, pages 3-13.
- Bharat Trehan, 1988. "The practice of monetary targeting: a case study of the West German experience," Economic Review, Federal Reserve Bank of San Francisco, issue Spr, pages 30-44.
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KeywordsMonetary policy - United States ; Money supply;
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