[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/a/fip/fedcec/y1996idec.html
   My bibliography  Save this article

Monetary policy and real economic growth

Author

Listed:
  • Owen F. Humpage
Abstract
An examination of the connections between monetary policy changes, shifts in aggregate spending, and adjustments to production, showing that although a central bank may periodically exploit the connection between short-term monetary expansions and real economic growth, frequent attempts may ultimately distort the allocation of resources from productive uses to protective enterprises and result in proportionally higher inflation.

Suggested Citation

  • Owen F. Humpage, 1996. "Monetary policy and real economic growth," Economic Commentary, Federal Reserve Bank of Cleveland, issue Dec.
    • Handle: RePEc:fip:fedcec:y:1996:i:dec
    as

    Download full text from publisher

    File URL: https://fraser.stlouisfed.org/title/4515/item/552529
    File Function: Full Text
    Download Restriction: no
    File URL: https://www.clevelandfed.org/-/media/project/clevelandfedtenant/clevelandfedsite/publications/economic-commentary/1996/ec-19961201-monetary-policy-and-real-economic-growth-pdf.pdf
    File Function: Full Text
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Economic development; Monetary policy;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedcec:y:1996:i:dec. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: 4D Library (email available below). General contact details of provider: https://edirc.repec.org/data/frbclus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.