This brief essay is a working draft of an article in preparation for the forthcoming International Encyclopedia of the Social Sciences, 2nd ed., examining the role of the monetary base in monetary economics and monetary policymaking. Comments are welcome.
|Date of creation:||2006|
|Date of revision:|
|Publication status:||Published in International Encyclopedia of the Social Sciences, February 2008, Macmillan Reference USA.|
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- Stanley Fischer & Ratna Sahay & Carlos A. VÃ©gh Gramont, 2002.
"Modern Hyper- and High Inflations,"
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122, Bank of England.
- Nelson, Edward, 2002. "Direct effects of base money on aggregate demand: theory and evidence," Journal of Monetary Economics, Elsevier, vol. 49(4), pages 687-708, May.
- Nelson, Edward, 2001. "Direct Effects of Base Money on Aggregate Demand: Theory and Evidence," CEPR Discussion Papers 2666, C.E.P.R. Discussion Papers.
- Mccallum, Bennet T., 1988. "Robustness properties of a rule for monetary policy," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 29(1), pages 173-203, January.
- Hicks, J. R., 1969. "A Theory of Economic History," OUP Catalogue, Oxford University Press, number 9780198811633, December.
- Richard G. Anderson & Robert H. Rasche & Jeffrey Loesel, 2003. "A reconstruction of the Federal Reserve Bank of St. Louis adjusted monetary base and reserves," Review, Federal Reserve Bank of St. Louis, issue Sep, pages 39-69.
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