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Selecting an intermediate target for monetary policy

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  • Dallas S. Batten
  • Michael T. Bolongia

Abstract

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Suggested Citation

  • Dallas S. Batten & Michael T. Bolongia, 1987. "Selecting an intermediate target for monetary policy," Working Papers 1985-002, Federal Reserve Bank of St. Louis.
  • Handle: RePEc:fip:fedlwp:1985-002
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    File URL: http://research.stlouisfed.org/wp/1985/1985-002.pdf
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    References listed on IDEAS

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    1. Davidson, Russell & MacKinnon, James G, 1981. "Several Tests for Model Specification in the Presence of Alternative Hypotheses," Econometrica, Econometric Society, vol. 49(3), pages 781-793, May.
    2. Lothian, James R, 1976. "The Demand for High-Powered Money," American Economic Review, American Economic Association, vol. 66(1), pages 56-68, March.
    3. John A. Tatom, 1981. "Energy prices and short-run economic performance," Review, Federal Reserve Bank of St. Louis, vol. 63(Jan), pages 3-17.
    4. MacKinnon, James G. & White, Halbert & Davidson, Russell, 1983. "Tests for model specification in the presence of alternative hypotheses : Some further results," Journal of Econometrics, Elsevier, vol. 21(1), pages 53-70, January.
    5. Anatol Balbach, 1981. "How controllable is money growth," Review, Federal Reserve Bank of St. Louis, vol. 63(Apr), pages 3-12.
    6. 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.
    7. Hamburger, Michael J., 1977. "Behavior of the money stock : Is there a puzzle?," Journal of Monetary Economics, Elsevier, vol. 3(3), pages 265-288, July.
    Full references (including those not matched with items on IDEAS)

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    Keywords

    Monetary policy; Money supply;

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