Some Considerations in the Use of Monetary Aggregates for the Implementation of Monetary Policy

Leonall C. Andersen · Denis S. Karnosky

13 citations0/0 files stored

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Monetary Policy and Economic Impact Economic Theory and Policy Economic theories and models

Abstract

Over the past several years, the Federal System has paid increased attention to monetary aggregates as a means to achieve the ultimate national employment and price goals. Evaluation and further development of this process has been hindered, however, by a continuing controversy about which monetary aggregate is appropriate. Specifically, the question concerning the efficacy of monetary actions often becomes lost in discussions about whether M1 or M2 or some other monetary aggregate is giving the best information about the monetary influences being transmitted to the economy.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Imported from OpenAlex (CC0) — nothing here is generated.