The Demand for M2, Opportunity Cost, and Financial Change
分析了近期M2增长疲软的原因，更精确地衡量了货币总量的机会成本，并探讨了储蓄行业重组对货币需求调整至长期均衡水平的潜在影响。
An analysis of the recent weakness in M2 growth that attempts to measure the opportunity cost of the aggregate more accurately and that explores the potential effects of the thrift industry restructuring on the adjustment of money demand to its long-run equilibrium level.