Search Results
Journal Article
Solving the 1980s' velocity puzzle: a progress report
Conference Paper
Issues in monetary targeting and velocity
Journal Article
Understanding the behavior of M2 and V2
Journal Article
Money and the U.S. economy in the 1980s: a break from the past?
Journal Article
How erratic is money growth?
Journal Article
Velocity trends are influenced by policy expectations
Journal Article
Accelerating money growth: is M2 telling us something?
A look at the recent acceleration in M2, examining evidence that its velocity has stabilized around a new trend, analyzing the usefulness of money in monetary policy deliberations, and highlighting some of the pitfalls of ignoring money growth.
Working Paper
The effects of disinflationary policies on monetary velocity
A study of the effect of disinflation policies on monetary velocity, which shows a systematic relation between unexpected changes in the money-income relationship and changes in the trends of inflation rates, and which concludes that the failure to commit to a stable price policy tends to destabilize the economy.
Working Paper
In search of a stable velocity relationship
Conference Paper
Recent velocity behavior, the demand for money and monetary policy