Understanding the recent behavior of M2

A discussion of the unanticipated weakness in the M2 monetary aggregate in recent years, suggesting that the shortfall may be largely attributable to the restructuring of the thrift industry, and an explanation of why economic models predicting M2 growth have had difficulty tracking this weakness.

MoreLess

Year of publication:	1991
Authors:	Carlson, John B. ; Parrott, Sharon E.
Published in:	Economic Commentary. - Federal Reserve Bank of Cleveland. - 1991, Jun, 2
Publisher:	Federal Reserve Bank of Cleveland
Subject:	Money supply \| Savings and loan associations

More details

Extent:	application/pdf
Type of publication:	Article
Language:	English
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005717926