FRB of St. Louis Working Paper No. 2006-049A
11 Pages Posted: 29 Aug 2006
Date Written: August 2006
This brief essay is a working draft of an article in preparation for the forthcoming International Encyclopedia of the Social Sciences, 2nd ed., examining the role of the monetary base in monetary economics and monetary policymaking. Comments are welcome.
Keywords: monetary base, adjusted monetary base, McCallum rule
JEL Classification: A20, A30, E42
Suggested Citation: Suggested Citation