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M1a - M.I.A.?

Author

Listed:
  • William T. Gavin
  • Michael R. Pakko

Abstract

An examination of the compositional changes in the monetary aggregates M1 and M1A, with a discussion of their behavior in the 1980s and some issues relevant to the possibility of replacing M1 with M1A in the monetary targeting framework.

Suggested Citation

  • William T. Gavin & Michael R. Pakko, 1987. "M1a - M.I.A.?," Economic Commentary, Federal Reserve Bank of Cleveland, issue Jul.
    • Handle: RePEc:fip:fedcec:y:1987:i:jul1
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    Keywords

    Monetary policy; Money supply;

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