The Use of a Monetary Aggregate to Target Nominal GDP

Martin Feldstein & James H. Stock
Published Date
Copyright 1994
ISBN 0226503089
Book: Monetary Policy
Book editor: N. Gregory Mankiw
PUBLISHER: The University of Chicago Press
Series: Studies in Business Cycles
Download Purchase Book
  • Martin Feldstein and James H. Stock, Monetary Policy (The University of Chicago Press, 1994), chap. 1, https://www.nber.org/books-and-chapters/monetary-policy/use-monetary-aggregate-target-nominal-gdp.

Published From Paper

The Use of Monetary Aggregate to Target Nominal GDP
- Working Paper
This paper studies the possibility of using the broad monetary aggregate M2 to target the quarterly rate of growth of...

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