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Commentary.

Authors :
Duca, John V.
Source :
Review (00149187); Nov/Dec94, Vol. 76 Issue 6, p67, 4p, 2 Diagrams, 1 Graph
Publication Year :
1994

Abstract

Comments on the use of monetary aggregate M2+ as a monetary policy proposed by the US Federal Reserve Board. Instability of money-demand; Efficiency of the money-demand models; Discussion of the issue on whether to add bond or bond and stock funds to M2; Differences in the surge in mutual funds; Policy recommendation for the US Federal Reserve Board.

Subjects

Subjects :
MONETARY policy
BONDS (Finance)
MUTUAL funds

Details

Language :
English
ISSN :
00149187
Volume :
76
Issue :
6
Database :
Complementary Index
Journal :
Review (00149187)
Publication Type :
Academic Journal
Accession number :
9502084375
Full Text :
https://doi.org/10.20955/r.76.67-70
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