The Goldilocks Measure of UK Monetary Aggregates : An Introduction to MA

The 2008/09 financial crisis and subsequent recession has created renewed attention to UK monetary aggregates. This discussion paper argues that although measures of the money supply are crucial to understanding the economy, existing approaches are flawed: "Notes and Coin" is too narrow, and M4 is too broad. An alternative measure that is based on the Austrian school approach to the definition of money (MA) is proposed

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Year of publication:	2014
Authors:	Evans, Anthony J.
Publisher:	[2014]: [S.l.] : SSRN
Subject:	Geldmenge \| Money supply \| Theorie \| Theory \| Großbritannien \| United Kingdom \| Messung \| Measurement

Extent:	1 Online-Ressource (37 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments May 27, 2014 erstellt
Other identifiers:	10.2139/ssrn.2446812 [DOI]
Classification:	B53 - Austrian ; E41 - Demand for Money ; E51 - Money Supply; Credit; Money Multipliers ; E52 - Monetary Policy (Targets, Instruments, and Effects)
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013052899