THE RELATION BETWEEN MONEY GROWTH VARIABILITY AND THE VARIABILITY OF MONEY ABOUT TARGET Academic Article uri icon

abstract

  • 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.

published proceedings

  • ECONOMICS LETTERS

author list (cited authors)

  • COSIMANO, T. F., & JANSEN, D. W.

citation count

  • 1

complete list of authors

  • COSIMANO, TF||JANSEN, DW

publication date

  • January 1987