Economics, Econometrics and Finance
4 years ago

Money supply shocks drive temporary fluctuations in desired money holdings worldwide.

1 view
Journal of Monetary Economics
The role of money supply shocks in the short-run demand for money
Jack Carr, Michael R. Darby

Paper Summary

Money supply shocks can cause temporary changes in how much money people want to hold, affecting asset transactions. This new model explains these fluctuations better than previous models in eight countries.

Related papers

Economics, Econometrics and Finance
8 years ago

Money supply changes drive price levels and income fluctuations in society.

Macroeconomic Trends
1 view
Economics, Econometrics and Finance
4 years ago

Money supply shocks drive temporary desire for cash, impacting global economies.

Macroeconomic Trends
Monetary Models
Macroeconomic Analysis
2 views
Economics, Econometrics and Finance
4 years ago

Money supply shocks drive temporary fluctuations in desired money holdings worldwide.

Macroeconomic Analysis
Monetary Models
Macroeconomic Trends
2 views