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Journal Article
The sensitivity of empirical studies to alternative measures of the monetary base and reserves - commentary
Bernanke, Ben S.
(1996-11)
Review
, Issue Nov
, Pages 70-72
Working Paper
The information content of financial aggregates in Australia
Chandra, Naveen; Tallman, Ellis W.
(1996)
This paper examines whether financial aggregates provide information useful for predicting the subsequent behavior of real output and inflation. We employ vector autoregression (VAR) techniques to summarize the information in the data, providing evidence on the incremental forecasting value of financial aggregates for forecasting real output and inflation. The in-sample results suggest that there are only a few situations in which knowledge of the aggregates helps forecast real output and inflation. We then test the forecast performance of the VAR systems for two years out-of-sample in order ...
FRB Atlanta Working Paper
, Paper 96-14
Conference Paper
Issues in monetary targeting and velocity
Axilrod, Stephen H.
(1983-12)
Proceedings
, Issue Dec
, Pages 4-13
Journal Article
Some monetary facts
Weber, Warren E.; McCandless, George T.
(1995-07)
This article describes three long-run monetary facts derived by examining data for 110 countries over a 30-year period, using three definitions of a country's money supply and two subsamples of countries: (1) Growth rates of the money supply and the general price level are highly correlated for all three money definitions, for the full sample of countries, and for both subsamples. (2) The growth rates of money and real output are not correlated, except for a subsample of countries in the Organisation for Economic Co-operation and Development, where these growth rates are positively ...
Quarterly Review
, Volume 19
, Issue Sum
, Pages 2-11
Working Paper
An alternative method of estimating the Cagan money demand function in hyperinflation under rational expectations
Goodfriend, Marvin
(1979)
This paper contains a description and implementation of a new strategy for estimating the Cagan money demand function under rational expectations.
Working Paper
, Paper 79-05
Journal Article
Measuring the adjusted monetary base in an era of financial change - commentary
Kohn, Donald L.
(1996-11)
Review
, Issue Nov
Journal Article
Proposals to maintain prices at fixed levels through monetary action
anonymous
(1939-04)
Federal Reserve Bulletin
, Issue Apr
Journal Article
Unresolved issues in monetary policy
Solomon, Anthony M.
(1989)
Solomon held the office of president during a period of notably successful anti-inflationary monetary policy as well as rapid financial innovation and deregulation. In this speech, he discusses monetary strategy in particular the targeting of monetary aggregates, interest rates, and nominal GNP in light of trends in inflation and the uncertainties introduced by changing financial markets.
Quarterly Review
, Issue Special
, Pages 42-47
Report
The money-output link: are F-tests reliable?
Abate, Joseph; Boldin, Michael D.
(1993)
Research Paper
, Paper 9328
Working Paper
Inside money, outside money, and inflation
Boschen, John F.; Talbot, Kathleen E.
(1987)
Research Working Paper
, Paper 87-10
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