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Even the St. Louis Model Now Believes in Fiscal Policy: A Note


  • Friedman, Benjamin M


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  • Friedman, Benjamin M, 1977. "Even the St. Louis Model Now Believes in Fiscal Policy: A Note," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 9(2), pages 365-367, May.
  • Handle: RePEc:mcb:jmoncb:v:9:y:1977:i:2:p:365-67

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    References listed on IDEAS

    1. Ben S. Bernanke & Vincent R. Reinhart, 2004. "Conducting Monetary Policy at Very Low Short-Term Interest Rates," American Economic Review, American Economic Association, vol. 94(2), pages 85-90, May.
    2. Robert N McCauley & Kazuo Ueda, 2009. "Government debt management at low interest rates," BIS Quarterly Review, Bank for International Settlements, June.
    3. Cúrdia, Vasco & Woodford, Michael, 2011. "The central-bank balance sheet as an instrument of monetarypolicy," Journal of Monetary Economics, Elsevier, vol. 58(1), pages 54-79, January.
    4. Naohiko Baba & Motoharu Nakashima & Yosuke Shigemi & Kazuo Ueda, 2006. "The Bank of Japan's Monetary Policy and Bank Risk Premiums in the Money Market," International Journal of Central Banking, International Journal of Central Banking, vol. 2(1), March.
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    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Md. Habibur Rahman, 2009. "Relative Effectiveness of Monetary and Fiscal Policies on Output Growth in Bangladesh: A VAR Approach," Working Papers id:2100, eSocialSciences.
    2. Adewale Emmanuel Adegoriola & Peter Siyan, 2015. "The Relative Impact of Money Supply and Government Expenditure on Economic Growth in Nigeria," Economy, Asian Online Journal Publishing Group, vol. 2(3), pages 49-57.
    3. Benjamin M. Friedman, 1979. "The Determination of Long-Term Interest Rates: Implications for Monetary and Fiscal Policies," NBER Working Papers 0366, National Bureau of Economic Research, Inc.
    4. Robert H. Rasche, 1993. "Monetary aggregates, monetary policy and economic activity," Review, Federal Reserve Bank of St. Louis, issue Mar, pages 1-35.
    5. Mohammed Nur HUSSAIN & Nam HOANG, 2014. "Effects of Fiscal, Monetary, and Exchange rate policies on Output in 12 Asian Economies, 1974-2007," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 14(2).
    6. Bennett T. McCallum, 1985. "Monetary vs. Fiscal Policy Effects: A Review of the Debate," NBER Working Papers 1556, National Bureau of Economic Research, Inc.

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