Another Monetary Inflation Coordinate. Studies on the US Federal Reserves’ Monetary Base

Eco-Economics Review, ISSN 2457-9076

12 Pages Posted: 9 Jul 2016

See all articles by Liviu Andrei

Liviu Andrei

National School for Political Sciences and Public Administration

Dalina Andrei

Romanian Academy - Institute for Economic Forecasting

Date Written: June 7, 2015

Abstract

Be it ‘excess reserves’ that deposit money part of all entities at the central bank not used to satisfy statutory reserve requirements, plus all disposable cash held by the same institutions and not used to satisfy statutory reserve requirements either. Would this be rather common place, influenced or not by inflation, or, on the contrary, as significant as influencing and well correlating with inflation rate? Or, this might be equally viewed in the mirror, i.e. once, under representative money-gold standard, no excess reserves, inflation going down to zero. We could see more than expectable about so far in this paper, here including some long term causalities between these two, as monetary variables.

Keywords: inflation rate, excess monetary reserves, fiat and representative money, central bank

JEL Classification: B1, C5, E5

Suggested Citation

Andrei, Liviu and Andrei, Dalina, Another Monetary Inflation Coordinate. Studies on the US Federal Reserves’ Monetary Base (June 7, 2015). Eco-Economics Review, ISSN 2457-9076, Available at SSRN: https://ssrn.com/abstract=2806608

Liviu Andrei (Contact Author)

National School for Political Sciences and Public Administration ( email )

Povernei Street, 6, Sector 1
Bucharest
Romania

Dalina Andrei

Romanian Academy - Institute for Economic Forecasting ( email )

050711, Bucureşti
Romania

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
10
Abstract Views
296
PlumX Metrics