Journal Article
Monetarism and the M1 target
Abstract: An examination of the apparent breakdown in the relationship between M1 and economic activity, with a discussion of the historical perspective of the breakdown of velocity in the 1980s, and of the monetarist position on recent experience.
Keywords: Monetary policy; Money supply;
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Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Economic Commentary
Publication Date: 1986
Issue: Oct
Order Number: 1