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Has the Federal Reserve Shifted from a Policy of Interest Rate Targets to a Policy of Monetary Aggregate Targets?

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Author Info

  • Feige, Edgar L
  • McGee, Robert

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File URL: http://links.jstor.org/sici?sici=0022-2879%28197911%2911%3A4%3C381%3AHTFRSF%3E2.0.CO%3B2-9&origin=bc
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Bibliographic Info

Article provided by Blackwell Publishing in its journal Journal of Money, Credit and Banking.

Volume (Year): 11 (1979)
Issue (Month): 4 (November)
Pages: 381-404

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Handle: RePEc:mcb:jmoncb:v:11:y:1979:i:4:p:381-404

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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0022-2879

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Cited by:
  1. Benjamin M. Friedman, 1991. "Targets and Instruments of Monetary Policy," NBER Working Papers 2668, National Bureau of Economic Research, Inc.
  2. Benjamin M. Friedman, 1980. "Postwar Changes in the American Financial Markets," NBER Working Papers 0458, National Bureau of Economic Research, Inc.
  3. R. W. Hafer, 1984. "Choosing between M1 and debt as an intermediate target for monetary policy," Working Papers 1984-005, Federal Reserve Bank of St. Louis.
  4. Carl E. Walsh, 1982. "Interest Rate Volatility and Monetary Policy," NBER Working Papers 0915, National Bureau of Economic Research, Inc.
  5. Yash P. Mehra, 1985. "Inflationary expectations, money growth, and the vanishing liquidity effect of money on interest : a further investigation," Economic Review, Federal Reserve Bank of Richmond, issue Mar, pages 23-35.
  6. Benjamin M. Friedman, 1981. "The Relative Stability of Money and Credit "Velocities" in the United States: Evidence and Some Speculations," NBER Working Papers 0645, National Bureau of Economic Research, Inc.

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