Monetary aggregates and the business cycle

Aiyagari, 1998, Transaction services, inflation, and welfare, Journal of Political Economy, 106, 1274, 10.1086/250047 Baumol, 1952, The transactions demand for cash: an inventory theoretic approach, Quarterly Journal of Economics, 66, 545, 10.2307/1882104 Christiano, 2003, The band pass filter, International Economic Review, 44, 435, 10.1111/1468-2354.t01-1-00076 Coleman, 1996, Money and output: a test of reverse causation, American Economic Review, 86, 90 Dressler, 2007, The cyclical effects of monetary policy regimes, International Economic Review, 48, 551, 10.1111/j.1468-2354.2007.00437.x Edge, 2007, Time-to-build, time-to-plan, habit-persistence, and the liquidity effect, Journal of Monetary Economics, 54, 1644, 10.1016/j.jmoneco.2006.07.003 Freeman, 1991, Inside money, output, and causality, International Economic Review, 32, 645, 10.2307/2527112 Freeman, 2000, Monetary aggregates and output, American Economic Review, 90, 1125, 10.1257/aer.90.5.1125 Friedman, 1963, Money and business cycles, Review of Economics and Statistics, 45, 32, 10.2307/1927148 Gavin, 1999, Endogenous money supply and the business cycle, Review of Economic Dynamics, 2, 347, 10.1006/redy.1998.0055 Hansen, 1985, Indivisible labor and the business cycle, Journal of Monetary Economics, 16, 309, 10.1016/0304-3932(85)90039-X Hansen, 1995, Recursive methods for computing equilibria of business cycle models Hardle, W., Horowitz, J., Kreiss, J.-P., 2001. Bootstrap methods for time series. Mimeo, Humboldt Universitat. Henriksen, E., Kydland, F.E., Šustek, R., 2009. The high cross-country correlations of prices and interest rates. NBER Working Paper 15123. Ireland, 2003, Endogenous money or sticky prices?, Journal of Monetary Economics, 50, 1623, 10.1016/j.jmoneco.2003.01.001 King, 1984, Money, credit, and prices in a real business cycle, American Economic Review, 74, 363 Motley, B., 1988. Should M2 be redefined? Economic Review, Federal Reserve Bank of San Francisco, Winter, 33–21. Poole, W., 1991. Statement before the subcommittee on domestic monetary policy of the Committee on Banking, Finance and Urban Affairs, US House of Representatives. Government Printing Office, No. 102-82. Taylor, J.B., 1993. Discretion versus policy rules in practice. In: Carnegie–Rochester Conference Series on Public Policy, vol. 39, pp. 195–204. Tobin, 1956, The interest-elasticity of transactions demand for cash, Review of Economic Studies, 38, 241, 10.2307/1925776 Tobin, 1970, Money and income: post hoc ergo propter hoc?, Quarterly Journal of Economics, 84, 301, 10.2307/1883016 Woodford, 2003