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- W2047305933 abstract "This paper provides a brief review and critique of some of the results and conclusions of Melvin [1983] concerning the effects of inflation on the response pattern of interest rates to changes in money growth rates. It also presents results concerning the significance of two different measures of the inflationary environment ––– the actual rate of inflation and the variance of the inflation rate ––– in explaining this response. The conclusion drawn here is that the variance of the inflation rate better explains the changing money-interest relationship. This conclusion is rather different from that of Melvin." @default.
- W2047305933 created "2016-06-24" @default.
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- W2047305933 date "1986-07-01" @default.
- W2047305933 modified "2023-09-26" @default.
- W2047305933 title "A NOTE ON THE VANISHING LIQUIDITY EFFECT OF MONEY ON INTEREST" @default.
- W2047305933 cites W1971884760 @default.
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- W2047305933 doi "https://doi.org/10.1111/j.1465-7295.1986.tb01826.x" @default.
- W2047305933 hasPublicationYear "1986" @default.
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