Cover image for Monetary aggregates and monetary policy.
Title:
Monetary aggregates and monetary policy.
Author:
Federal Reserve Bank of New York.
Publication Information:
[New York] : Federal Reserve Bank of New York, [1974]
Physical Description:
134 pages : graphs ; 28 cm
Language:
English
Contents:
General survey: Davis, R. G. Implementing open market policy with monetary aggregate objectives.--The choice of intermediate targets: Hamburger, M. J. Indicators of monetary policy. Schadrack, F. C. An empirical approach to the definition of money. Levin, F. J. The selection of a monetary indicator.--The relationship between intermediate targets and operating variables: Davis, R. G. Short-run targets for open market operations. Davis, R. G. and Schadrack, F. C. Forecasting the monetary aggregates with reduced-form equations. Levin, F. J. Examination of the money stock control approach of Burger, Kalish, and Babb. Ciccolo, J. H. Is short-run monetary control feasible?--Time lags between intermediate target behavior and the reaction of the economy: Corrigan, E. G. Income stabilization and short-run variability in money. Hamburger, M. J. The lag in the effect of monetary policy.--Conducting open market policy with monetary aggregate objectives: Holmes, A. R., Meek, P., and Thunberg, R. Open market operations in the early 1970's.
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Book

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