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Author:Hafer, Rik 

Journal Article
The new monetary aggregates

Review , Volume 62 , Issue Feb , Pages 25-32

Working Paper
Comparing time-series and survey forecasts of weekly changes in money: a methodological note

Working Papers , Paper 1983-013

Journal Article
The FOMC in 1983-84: setting policy in an uncertain world

Review , Volume 67 , Issue Apr , Pages 15-37

Working Paper
Predicting the money multiplier: forecasts from component and aggregate models

Working Papers , Paper 1983-012

Working Paper
Inflation uncertainty and a test of the Friedman hypothesis

This paper tests Friedman's (1977) hypothesis that increases in inflation uncertainty, ceteris paribus, may yield higher levels of unemployment. Tests are made using quarterly measures of inflation uncertainty taken from the ASA-NBER survey. Using the 1972-1984 period, we find general support for the hypothesis.
Working Papers , Paper 1985-006

Journal Article
The value-added tax: a review of the issues

Review , Volume 62 , Issue Jan , Pages 3-10

Journal Article
Monetary policy and recent business-cycle experience

Some critics of recent monetary policy have focused on slow M2 growth, claiming that the Federal Reserve is too interested in price stability and is forsaking its growth mandate. Others criticize the Fed for achieving price stability too cautiously and urge the adoption of a rule that seeks to eliminate inflation more quickly. ; R. W. Hafer, Joseph Haslag and Scott Hein examine two alternative monetary policies and gauge their expected impacts on economic activity. Both policies are simulated over the period 198792. One policy, a GNP-targeting rule similar to one proposed by Bennett McCallum, ...
Economic and Financial Policy Review , Issue Q III , Pages 14-28

Journal Article
The FOMC IN 1987: the effects of a falling dollar and the stock market collapse

Review , Issue Mar

Working Paper
The stability of the short-run money demand function, 1920-1939

Working Papers , Paper 1982-009

Journal Article
The wayward money supply: a post-mortem of 1982

Review , Volume 65 , Issue Mar , Pages 17-25

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