Sources of change in the Canadian money stock, 1955-65
The nominal stock of money can be expressed as the product of a monetary or reserve base determined by the monetary authorities and a money multiplier whose terms reflect the asset preferences of the chartered banking system and the non-bank public. The present article quantifies the contributions o...
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Format: | Article |
Language: | English |
Published: |
Associazione Economia civile
2014-03-01
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Series: | PSL Quarterly Review |
Subjects: | |
Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11741 |