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Alternative measures of the monetary base: what are the differences and are they important?

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  • Michelle R. Garfinkel
  • Daniel L. Thornton

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  • Michelle R. Garfinkel & Daniel L. Thornton, 1991. "Alternative measures of the monetary base: what are the differences and are they important?," Review, Federal Reserve Bank of St. Louis, issue Nov, pages 19-35.
  • Handle: RePEc:fip:fedlrv:y:1991:i:nov:p:19-35
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    References listed on IDEAS

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    1. Leonall C. Andersen & Jerry L. Jordan, 1968. "The monetary base-explanation and analytical use," Review, Federal Reserve Bank of St. Louis, vol. 50(Aug), pages 7-11.
    2. Albert E. Burger & Robert H. Rasche, 1977. "Revision of the monetary base," Review, Federal Reserve Bank of St. Louis, vol. 59(Jul), pages 13-28.
    3. Engle, Robert & Granger, Clive, 2015. "Co-integration and error correction: Representation, estimation, and testing," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 39(3), pages 106-135.
    4. David A. Dickey & Dennis W. Jansen & Daniel L. Thornton, 1994. "A Primer on Cointegration with an Application to Money and Income," Palgrave Macmillan Books, in: B. Bhaskara Rao (ed.), Cointegration, chapter 2, pages 9-45, Palgrave Macmillan.
    5. Albert E. Burger, 1979. "Alternative measures of the monetary base," Review, Federal Reserve Bank of St. Louis, vol. 61(Jun), pages 3-8.
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    Citations

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    Cited by:

    1. Edward J. Stevens, 1995. "Defining the monetary base in a deregulated financial system," Working Papers (Old Series) 9514, Federal Reserve Bank of Cleveland.
    2. Martin B. Schmidt, 2004. "Exogeneity within the M2 Demand Function: Evidence from a Large Macroeconomic System," Economic Inquiry, Western Economic Association International, vol. 42(4), pages 634-646, October.
    3. Granger, C. W. J. & Siklos, Pierre L., 1995. "Systematic sampling, temporal aggregation, seasonal adjustment, and cointegration theory and evidence," Journal of Econometrics, Elsevier, vol. 66(1-2), pages 357-369.
    4. Edward J. Stevens, 1993. "Required clearing balances," Economic Review, Federal Reserve Bank of Cleveland, vol. 29(Q IV), pages 2-14.
    5. Martin Schmidt, 2007. "The long and short of money: short-run dynamics within a structural model," Applied Economics, Taylor & Francis Journals, vol. 40(2), pages 175-192.

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