Work

Are Weighted Monetary Aggregates Better Than Simple-Sum M1?

Year: 1985

Type: article

Abstract: Dallas S. Batten and Daniel L. Thornton investigate the properties of two weighted monetary aggregates and compare these with the measure M1. Influencing economic activity is a central objective of monetary policy, so an important attribute for a monetary aggregate to possess is a close, predictable relationship with economic activity.

DOI: 10.20955/r.67.29-40.tmm

Authors: Dallas S. Batten, Daniel L. Thornton

Language: English

Topic: Monetary Policy and Economic Impact

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

Open Access status: gold

OpenAlex ID: W1537290574

FWCI: 2.678

Cites: 24

Cited by: 13

Related to: 10