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HPM
(redirected from High powered money)

   Also found in: Financial, Wikipedia 0.01 sec.
AcronymDefinition
HPMHealth Policy and Management (coursework; various universities)
HPMHigh Power Microwave
HPMHealth and Productivity Management
HPMHuman Performance Modeling
HPMHigh Pressure Mercury
HPMHyper Page Mode
HPMHuman Potential Movement
HPMHazardous Production Material (1997 Uniform Fire Code)
HPMHigh-Performance Material (engineering)
HPMHealth Program Manager (various organizations)
HPMHybrid Permanent Motor (Ingersoll Rand)
HPMHigh Performance Motor
HPMHorizon Performance Manager (software system)
HPMHigh Performance Magazine
HPMHigh Polymer Molecular (film; Pioneer speaker technology)
HPMHigh Precision Maintenance (equipment maintenance)
HPMHepatosplenomegaly
HPMHealth Plan Michigan
HPMHazardous Process Material
HPMHazard Process Management
HPMHole-Potential Model
HPMhydrochloric/peroxide mix
HPMHybrid Power Module
HPMHydraulic Prime Mover
HPMhydrochloric/peroxide mix (semiconductor wafer manufacturing)
HPMHistorical Photographs of Mining
HPMHurricane Protection Magazine (North Palm Beach, FL)
HPMHome Purchase Mortgage (financing)
HPMHazardous Protection Monitoring
HPMHigh Powered Money (government money)
HPMHigh Proper Motion (astronomy)
HPMHealth Policy Monitor
HPMHand Painted Medium (art)
HPMHealthcare Performance Management


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791) utilize the following multiplier in their empirical analysis (See Appendix I of this paper for the derivation): M = H x [D/R (1 + D/C)]/ [D/R + D/C] (1) The money supply (M) is a function of the three "proximate determinants": the monetary base or high powered money (H), the deposit to reserve ratio (D/R), and the deposit to cash ratio (D/C).
In its last economic overheating (1993-4), the foreign exchange reserves share accounted for only about 25 per cent of China's high powered money (high powered money is another label for the monetary base) while the same share rose close to 70 per cent at the end of 2004 even after the monetary authority's monetary tightening.
Clark also finds that the seasonality of interest rates disappeared sometime between early 1913 and early 1915 while the seasonality of high powered money did not begin until September 1917.
 
 
 
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