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application/pdfMoney supply|A Different Kind of Money Illusion : The Case of Long and Variable Lags, Working Paper 91-22Money supply|Bryan, Michael F.|Gavin, William T.
Adobe Acrobat 7.0 Paper Capture Plug-in; modified using iTextSharp 4.1.6 by 1T3XTAn analysis of how the money supply process can affect the cross-covariance structure of inflation and monetary growth, showing that the Federal Reserve's change in emphasis to monetary targeting in late 1979 could have made the apparently long lag from money growth to inflation virtually disappear in the 1980s.
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