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Do shifts in federal reserve policy regimes explain interest rate anomalies?

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  • Gamber, Edward N.
  • Hakes, David R.

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  • Gamber, Edward N. & Hakes, David R., 1995. "Do shifts in federal reserve policy regimes explain interest rate anomalies?," Journal of Macroeconomics, Elsevier, vol. 17(2), pages 227-240.
  • Handle: RePEc:eee:jmacro:v:17:y:1995:i:2:p:227-240
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    References listed on IDEAS

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    1. Hakes, David R & Gamber, Edward N, 1992. "Does the Federal Reserve Respond to Errant Money Growth? Evidence from Three Monetary Regimes," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 24(1), pages 127-134, February.
    2. Rik Hafer & Richard G. Sheehan, 1987. "On the response of interest rates to unexpected weekly money: are policy changes important?," Working Papers 1987-005, Federal Reserve Bank of St. Louis.
    3. Walsh, Carl E, 1984. "Interest Rate Volatility and Monetary Policy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 16(2), pages 133-150, May.
    4. V. Vance Roley & Carl E. Walsh, 1985. "Monetary Policy Regimes, Expected Inflation, and the Response of Interest Rates to Money Announcements," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 100(Supplemen), pages 1011-1039.
    5. Richard G. Sheehan, 1985. "Weekly money announcements: new information and its effects," Review, Federal Reserve Bank of St. Louis, vol. 67(Aug), pages 25-34.
    6. Bernanke, Ben S & Blinder, Alan S, 1992. "The Federal Funds Rate and the Channels of Monetary Transmission," American Economic Review, American Economic Association, vol. 82(4), pages 901-921, September.
    7. Antoncic, Madelyn, 1986. "High and Volatile Real Interest Rates: Where Does the Fed Fit In?," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 18(1), pages 18-27, February.
    8. Roley, V Vance & Walsh, Carl E, 1984. "Unanticipated Money and Interest Rates," American Economic Review, American Economic Association, vol. 74(2), pages 49-54, May.
    9. Cornell, Bradford, 1983. "The Money Supply Announcements Puzzle: Review and Interpretation," American Economic Review, American Economic Association, vol. 73(4), pages 644-657, September.
    10. Carl E. Walsh, 1982. "The Federal Reserve's operating procedures and interest rate fluctuations," Economic Review, Federal Reserve Bank of Kansas City, vol. 67(May), pages 8-18.
    11. Richards, Daniel J, 1986. "Unanticipated Money and the Political Business Cycle," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 18(4), pages 447-457, November.
    12. Ashley, Richard, 1984. "A Simple Test for Regression Parameter Instability," Economic Inquiry, Western Economic Association International, vol. 22(2), pages 253-268, April.
    13. Abrams, Richard K & Froyen, Richard & Waud, Roger N, 1980. "Monetary Policy Reaction Functions, Consistent Expectations, and the Burns Era," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 12(1), pages 30-42, February.
    14. Hakes, David R, 1990. "The Objectives and Priorities of Monetary Policy under Different Federal Reserve Chairmen," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 22(3), pages 327-337, August.
    15. Hakes, David R., 1988. "October 1979: Did the Federal Reserve change policy objectives?," Journal of Economics and Business, Elsevier, vol. 40(2), pages 159-167, May.
    16. John P. Judd, 1984. "Money supply announcements, forward interest rates and budget deficits," Economic Review, Federal Reserve Bank of San Francisco, issue Fall, pages 36-46.
    17. V. Vance Roley, 1982. "Weekly money supply announcements and the volatility of short-term interest rates," Economic Review, Federal Reserve Bank of Kansas City, vol. 67(Apr), pages 3-15.
    18. David Hakes, 1988. "Monetary policy and presidential elections: A nonpartisan political cycle," Public Choice, Springer, vol. 57(2), pages 175-182, May.
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    Cited by:

    1. Martha K. Field & Emilio Pagoulatos, 1997. "The Cyclical Behavior of Price Elasticity of Demand," Southern Economic Journal, John Wiley & Sons, vol. 64(1), pages 118-129, July.

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