A Monetary Impulse Measure for Medium-Term Policy Analysis /

The paper presents a measure of monetary impulse that is intended to reflect the medium-term inflationary implications of a nation's current monetary policy. The measure consists of the growth rate of the monetary base, adjusted for reserve requirement changes and augmented by an implicit forec...

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Bibliographic Details
Main Author: McCallum, Bennett T
Other Authors: Hargraves, Monica, Hargraves, Monica, 1959-
Format: Book
Language:English
Published: Washington, D.C. : International Monetary Fund, 1994
Washington, D.C. : 1994
Series:IMF Working Papers ; Working Paper No. 94/146
IMF Working Papers; Working Paper ; no. 94/146
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