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Working Paper
Non-nested specification tests and the intermediate target for monetary policy
Toida, Mitsuru; Gavin, William T.
(1983)
An examination of a procedure for comparing non-nested models to the problem of choosing an intermediate target for monetary policy. Six models of economic activity, based on six different monetary aggregates, are compared.
Working Papers (Old Series)
, Paper 8301
Journal Article
Money, credit, and M2
Trehan, Bharat; Judd, John P.
(1992)
FRBSF Economic Letter
Conference Paper
Symposium on mutual funds and monetary aggregates - commentary
Barnett, William A.; Zhou, Ge
(1994-11)
Proceedings
, Issue Nov
, Pages 53-78
Conference Paper
Demand functions for measures of U.S. money and debt
Rasche, Robert H.
(1990)
Proceedings
Working Paper
Money, output, and inflation: testing the P-star restrictions
Kuttner, Kenneth N.
(1990)
Working Paper Series, Macroeconomic Issues
, Paper 90-8
Working Paper
Excess volatility and the smoothing of interest rates: an application using money announcements
Strongin, Steven
(1992)
Working Paper Series, Macroeconomic Issues
, Paper 92-25
Working Paper
Velocity: a multivariate time-series approach
Bagshaw, Michael L.; Gavin, William T.
(1984)
The Federal Reserve announces targets for the monetary aggregates that are implicitly conditioned on an assumption about future velocity for each of the monetary aggregates. In this paper we present explicit models of velocity for constructing rigorous tests to determine whether the behavior of velocity has changed from what was expected when the targets were chosen. We use time-series methods to develop alternative forecasts of velocity. Multivariate time-series models of velocity that include information about past interest rates produce significantly better out-of-sample forecasts than do ...
Working Papers (Old Series)
, Paper 8405
Working Paper
The impact of monetary targeting in the United States, 1976-1984
Walsh, Carl E.
(1987)
Working Papers in Applied Economic Theory
, Paper 87-04
Journal Article
Money supply and time deposits, 1914-69
anonymous
(1970-03)
Review
, Volume 52
, Issue Mar
, Pages 6-10
Journal Article
Some issues in monetary economics
Fand, David I.
(1970-01)
Review
, Volume 52
, Issue Jan
, Pages 10-27
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anonymous 47 items
Anderson, Richard G. 25 items
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Money supply 484 items
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