Monetary indicators

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Monetary indicators

Economic indicators of the effects of monetary policy, such as the condition of the credit market.

Monetary Indicators

Indicators that would influence a central bank to change a country's monetary policy. For example, high inflation may result in the central bank raising interest rates or devalue the currency. In this case, inflation is a monetary indicator.
References in periodicals archive ?
May 19, 2013 (WAFA) -- The overall Palestinian Monetary Indicator for the
The poverty line is a monetary indicator identifying the poor in the society.
The first one proposed measuring inconsistencies between poor and non-poor classifications based on a monetary indicator and deprived and non-deprived classifications based on the achievements considered.
James (1989) P-star as a Monetary Indicator for the UK.
However, looking at the discount rate only, to the exclusion of the monetary indicator, and measuring the historical path of the discount rate against the benchmark provided by the Taylor rule, one would draw the opposite indication.
Similar results were obtained using the federal funds rate as the monetary indicator.
The cointegration analysis above suggests that vector-auroregressive equations estimated using first-differences omit valuable information about the long-run equilibrium relationship between output, the price level, M1, the monetary indicator and the federal funds rate.
Evidence for Japan (Ueda, 1993) favours credit over money as a monetary indicator for that country.
The evidence that I've seen presented suggests that there is no other monetary indicator that is going to provide monetary policy with a long-term nominal anchor the way we thought M2 did prior to 1990.
The best that can be achieved under these circumstances is to shift from one monetary indicator to another in an effort to splice these changing paradigms together.
Thus, it is probably not too surprising that use of M1 as a monetary indicator does not yield consistent predictive power over a period of time in which it experienced redefinition.
The paper is really about how well the M2 aggregate functions as a monetary indicator to guide monetary policy.