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Adding bond funds to M2 in the P-star model of inflation

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  • Zsolt Becsi
  • John V. Duca

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  • Zsolt Becsi & John V. Duca, 1994. "Adding bond funds to M2 in the P-star model of inflation," Working Papers 9401, Federal Reserve Bank of Dallas.
    • Handle: RePEc:fip:feddwp:94-01
    Note: Published as: Becsi, Zsolt and John Duca (1994), "Adding Bond Funds to M2 in the P-Star Model of Inflation," Economics Letters 46 (2): 143-147.
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    References listed on IDEAS

    as
    1. Duca, John V., 1993. "RTC activity and the 'missing M2'," Economics Letters, Elsevier, vol. 41(1), pages 67-71.
    2. Kenneth N. Kuttner, 1990. "Inflation and the growth rate of money," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 14(Jan), pages 2-11.
    3. Lawrence J. Christiano, 1989. "P*: not the inflation forecaster's holy grail," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 13(Fall), pages 3-18.
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    Cited by:

    1. Duca, John V., 1996. "Inflation, unemployment, and duration," Economics Letters, Elsevier, vol. 52(3), pages 293-298, September.
    2. Anderson, Richard G. & Bordo, Michael & Duca, John V., 2017. "Money and velocity during financial crises: From the great depression to the great recession," Journal of Economic Dynamics and Control, Elsevier, vol. 81(C), pages 32-49.
    3. Evan F. Koenig, 1994. "Capacity utilization and the evolution of manufacturing output: a closer look at the \"bounce-back effect.\"," Working Papers 9402, Federal Reserve Bank of Dallas.
    4. Tsionas, Efthymios G., 2001. "P-STAR analysis in a converging economy: the case of Greece," Economic Modelling, Elsevier, vol. 18(1), pages 49-60, January.
    5. Evan F. Koenig, 1994. "The P* model of inflation revisited," Working Papers 9414, Federal Reserve Bank of Dallas.
    6. John V. Duca, 1994. "Would the addition of bond or equity funds make M2 a better indicator of nominal GDP?," Economic and Financial Policy Review, Federal Reserve Bank of Dallas, issue Q IV, pages 1-14.
    7. Duca, John V. & VanHoose, David D., 2004. "Recent developments in understanding the demand for money," Journal of Economics and Business, Elsevier, vol. 56(4), pages 247-272.
    8. Mr. David Cook & Woon Gyu Choi, 2007. "Financial Market Risk and U.S. Money Demand," IMF Working Papers 2007/089, International Monetary Fund.
    9. Joseph Atta-Mensah, 1996. "A Modified P*-Model of Inflation Based on M1," Staff Working Papers 96-15, Bank of Canada.
    10. Koenig, Evan F., 1996. "Interest rates and the recent weakness in M2: An extension to the P* model of inflation," Journal of Economics and Business, Elsevier, vol. 48(5), pages 487-498, December.

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