THE RELATION BETWEEN MONEY GROWTH VARIABILITY AND THE VARIABILITY OF MONEY ABOUT TARGET
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An increase in the speed at which the Fed returns the money stock to its targeted path following a stochastic shock can cause a lower variance of money about the targeted level while causing a greater variance of the growth rate of the money stock. 1987.
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COSIMANO, T. F., & JANSEN, D. W.
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