The effects of disinflationary policies on monetary velocity

A study of the effect of disinflation policies on monetary velocity, which shows a systematic relation between unexpected changes in the money-income relationship and changes in the trends of inflation rates, and which concludes that the failure to commit to a stable price policy tends to destabilize the economy.

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Year of publication:	1989
Authors:	Gavin, William T. ; Dewald, William G.
Institutions:	Federal Reserve Bank of Cleveland
Subject:	Velocity of money \| Inflation (Finance) \| Monetary policy

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Extent:	application/pdf
Series:	Working Paper.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 8901
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005526589