A reconsideration of money growth rules

DOI10.1016/J.JEDC.2022.104312OpenAlexW4206322444MaRDI QIDQ2115970FDOQ2115970

Michael T. Belongia, P. Ireland

Publication date: 15 March 2022

Published in: Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL: http://fmwww.bc.edu/EC-P/wp976.pdf

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zbMATH Keywords

monetary policy rulesdivisia monetary aggregatesNew Keynesian modelszero lower bound

Mathematics Subject Classification ID

Game theory, economics, finance, and other social and behavioral sciences (91-XX)

Cites Work

• A simple and efficient simulation smoother for state space time series analysis
• Using simulation methods for bayesian econometric models: inference, development,and communication
• Impulse response analysis in nonlinear multivariate models
• A method for taking models to the data
• Title not available (Why is that?)
• How better monetary statistics could have signaled the financial crisis
• Tailored randomized block MCMC methods with application to DSGE models
• Money and velocity during financial crises: from the Great Depression to the Great Recession
• Money and the natural rate of interest: structural estimates for the United States and the euro area
• The case for Divisia monetary statistics: a Bayesian time-varying approach
• Nonlinear adventures at the zero lower bound
• Macroeconomic Dynamics Near the ZLB: A Tale of Two Countries

Cited In (2)

• On income velocity of money, precautionary money demand and growth
• Macroeconomic fluctuations in the United States: the role of monetary and fiscal policy shocks

Uses Software

• OccBin

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