Regional financial segmentation in the United States
Wiley Subscription Services, Inc.
Regional differential responses to US national monetary policies were tested using a simple regional money supply model. Statistical analyses indicate that national policy and interregional trade has considerable impact on regional money supplies. This regional economic composition differences may affect the money flow through the US states. Results suggest that the Federal Reserve cannot help regional monetary difficulties.
Monetary policy -- Analysis, Regional economics -- Analysis
Bias, P. V. (1992). Regional financial segmentation in the United States. Journal Of Regional Science, (3), 321.