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Financial Infusion and Exiting from a Money Rule

Financial Infusion and Exiting from a Money Rule »

Source: Financial Infusion and Exiting from a Money Rule

Volume/Issue: 1998/31

Series: IMF Working Papers

Author(s): Mark Stone

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 1998

ISBN: 9781451980097

Keywords: Exchange rate policy, Economic stabilization, Demand for money, Monetary policy, Monetary and exchange rate policy, money demand, stabilization, inflation, money growth, money supply

Money demand often surges after successful macroeconomic stabilization. This paper gives a name-financial infusion-to these surges because their size, unpredictability, and concurrence with other 'success shocks' p...

Financial Infusion and Exiting from a Money Rule

Financial Infusion and Exiting from a Money Rule »

Volume/Issue: 1998/31

Series: IMF Working Papers

Author(s): Mark Stone

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 1998

DOI: http://dx.doi.org/10.5089/9781451980097.001

ISBN: 9781451980097

Keywords: Exchange rate policy, Economic stabilization, Demand for money, Monetary policy, Monetary and exchange rate policy, money demand, stabilization, inflation, money growth, money supply

Money demand often surges after successful macroeconomic stabilization. This paper gives a name-financial infusion-to these surges because their size, unpredictability, and concurrence with other 'success shocks' p...