Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,898,001,082 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

High powered money

   Also found in: Acronyms, Wikipedia 0.01 sec.
High powered money


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
791) utilize the following multiplier in their empirical analysis (See Appendix I of this paper for the derivation): M = H x [D/R (1 + D/C)]/ [D/R + D/C] (1) The money supply (M) is a function of the three "proximate determinants": the monetary base or high powered money (H), the deposit to reserve ratio (D/R), and the deposit to cash ratio (D/C).
In its last economic overheating (1993-4), the foreign exchange reserves share accounted for only about 25 per cent of China's high powered money (high powered money is another label for the monetary base) while the same share rose close to 70 per cent at the end of 2004 even after the monetary authority's monetary tightening.
Clark also finds that the seasonality of interest rates disappeared sometime between early 1913 and early 1915 while the seasonality of high powered money did not begin until September 1917.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.