Note
Thesis (M.A.)--Florida Atlantic University, 1979.
Member of
Contributors
Publisher
Florida Atlantic University
Date Issued
1979
Description
Because of the interdependent relationship existing between economic units
in society, the money supply and macroeconomic factors, a need to identify
a concept of money best able to explain and predict likely responses of
economic units to changes in economic variables arises. Such an identification
is important to the Federal Reserve which bears responsibility for formulating and implementing monetary policy. The issue of identifying a relevant
definition of money and a detailed review of previous analyses attempting
to define the best concept of money empirically is discussed herein,
along with the results from a test using Box-Jenkins techniques on several
money concepts and income. This time series study reinforces contentions
that changing relationships between money and near monies and new developments
in regulations governing financial institutions have rendered the
existing monetary aggregates less useful as devices for gathering information
about the economy and as tools in conducting monetary policy.
in society, the money supply and macroeconomic factors, a need to identify
a concept of money best able to explain and predict likely responses of
economic units to changes in economic variables arises. Such an identification
is important to the Federal Reserve which bears responsibility for formulating and implementing monetary policy. The issue of identifying a relevant
definition of money and a detailed review of previous analyses attempting
to define the best concept of money empirically is discussed herein,
along with the results from a test using Box-Jenkins techniques on several
money concepts and income. This time series study reinforces contentions
that changing relationships between money and near monies and new developments
in regulations governing financial institutions have rendered the
existing monetary aggregates less useful as devices for gathering information
about the economy and as tools in conducting monetary policy.
Language
Type
Form
Extent
98 p.
Subject (Topical)
Identifier
14000
Additional Information
Thesis (M.A.)--Florida Atlantic University, 1979.
Date Backup
1979
Date Text
1979
Date Issued (EDTF)
1979
Extension
FAU
FAU
admin_unit="FAU01", ingest_id="ing1508", creator="staff:fcllz", creation_date="2007-07-19 01:57:09", modified_by="staff:fcllz", modification_date="2011-01-06 13:09:04"
IID
FADT14000
Issuance
monographic
Organizations
Attributed name: Florida Atlantic University
Person Preferred Name
BEHAR, ANDREA
Graduate College
Physical Description
98 p.
application/pdf
Title Plain
DEFINING MONEY: REVIEW OF PAST EMPIRICAL APPROACHES AND RESULTS FROM A TIME SERIES ANALYSIS OF MONEY AND INCOME
Use and Reproduction
Copyright © is held by the author with permission granted to Florida Atlantic University to digitize, archive and distribute this item for non-profit research and educational purposes. Any reuse of this item in excess of fair use or other copyright exemptions requires permission of the copyright holder.
http://rightsstatements.org/vocab/InC/1.0/
Origin Information
1979
monographic
Boca Raton, Fla.
Florida Atlantic University
Physical Location
Florida Atlantic University Libraries
Place
Boca Raton, Fla.
Sub Location
Digital Library
Title
DEFINING MONEY: REVIEW OF PAST EMPIRICAL APPROACHES AND RESULTS FROM A TIME SERIES ANALYSIS OF MONEY AND INCOME
Other Title Info
DEFINING MONEY: REVIEW OF PAST EMPIRICAL APPROACHES AND RESULTS FROM A TIME SERIES ANALYSIS OF MONEY AND INCOME