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Some considerations in the use of monetary aggregates for the implementation of monetary policy

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  • Leonall C. Andersen
  • Denis S. Karnosky

Abstract

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Suggested Citation

  • Leonall C. Andersen & Denis S. Karnosky, 1977. "Some considerations in the use of monetary aggregates for the implementation of monetary policy," Review, Federal Reserve Bank of St. Louis, vol. 59(Sep), pages 2-7.
    • Handle: RePEc:fip:fedlrv:y:1977:i:sep:p:2-7:n:v.59no.9
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    Citations

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    Cited by:

    1. Tatom, John A., 2014. "U.S. monetary policy in disarray," Journal of Financial Stability, Elsevier, vol. 12(C), pages 47-58.
    2. Scharnagl, Michael, 1996. "Monetary aggregates with special reference to structural changes in the financial markets," Discussion Paper Series 1: Economic Studies 1996,02e, Deutsche Bundesbank.
    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. Belongia, Michael T. & Ireland, Peter N., 2017. "Circumventing the zero lower bound with monetary policy rules based on money," Journal of Macroeconomics, Elsevier, vol. 54(PA), pages 42-58.
    5. Michael T. Belongia, 1992. "Selecting an intermediate target variable for monetary policy when the goal is price stability," Working Papers 1992-008, Federal Reserve Bank of St. Louis.
    6. Belongia, Michael & Hinich, Melvin, 2009. "The evolving role and definition of the federal funds rate in the conduct of U.S. monetary policy," MPRA Paper 18970, University Library of Munich, Germany, revised Aug 2009.
    7. Scharnagl, Michael, 1996. "Geldmengenaggregate unter Berücksichtigung struktureller Veränderungen an den Finanzmärkten," Discussion Paper Series 1: Economic Studies 1996,02, Deutsche Bundesbank.

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    Keywords

    Monetary policy; Monetary theory;

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