Work

Money Growth Variability and GNP

Year: 1984

Type: article

Abstract: Michael T. Belongia explains the sequence of events through which short-run fluctuations in M1 growth make future economic conditions more uncertain and, thus, cause reductions in the growth of GNP. Belongia investigates the impact of variable money growth on GNP by estimating a variant of the St. Louis equation that incorporates directly a measure of the variability of money growth.

DOI: 10.20955/r.66.23-31.hqs

Author: Michael T. Belongia

Institution: Federal Reserve Bank of St. Louis

Language: English

Topic: Monetary Policy and Economic Impact

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: gold

OpenAlex ID: W1500439213

FWCI: 1.417

Cites: 20

Cited by: 22

Related to: 10