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Transcript of The Value of Inside and Outside Money: Expanded Verssion · wrrfhqwudol}hg1 Wkxv/...
WORKING PAPER SERIES
The Value of Inside and Outside Money: Expanded Version
James Bullard and Bruce D. Smith
Working Paper 2001-011Ahttp://research.stlouisfed.org/wp/2001/2001-011.pdf
September 2001
FEDERAL RESERVE BANK OF ST. LOUISResearch Division411 Locust Street
St. Louis, MO 63102
______________________________________________________________________________________
The views expressed are those of the individual authors and do not necessarily reflect official positions ofthe Federal Reserve Bank of St. Louis, the Federal Reserve System, or the Board of Governors.
Federal Reserve Bank of St. Louis Working Papers are preliminary materials circulated to stimulatediscussion and critical comment. References in publications to Federal Reserve Bank of St. Louis WorkingPapers (other than an acknowledgment that the writer has had access to unpublished material) should becleared with the author or authors.
Photo courtesy of The Gateway Arch, St. Louis, MO. www.gatewayarch.com
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