A summary of the fifth in a series of symposiums sponsored by the Federal Reserve Bank of Cleveland. The September 1994 meeting was dedicated to monetary policy issues and included examinations of the macroeconomic effects of price rigidity and sluggish savings decisions by households, the interaction of inflation and financial intermediation, and the "deep structural" estimation of parameters in models with money and financial intermediation.
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Article provided by Federal Reserve Bank of Cleveland in its journal Economic Review.
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