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Can the Reserves Approach to Monetary Control Really Work?

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  • Johannes, James M
  • Rasche, Robert H

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Bibliographic Info

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

Volume (Year): 13 (1981)
Issue (Month): 3 (August)
Pages: 298-313

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Handle: RePEc:mcb:jmoncb:v:13:y:1981:i:3:p:298-313

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

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Cited by:
  1. Barbosa, Fernando de Holanda, 1990. "Mercado Aberto Brasileiro: An├ílise dos Procedimentos Operacionais," Economics Working Papers (Ensaios Economicos da EPGE) 160, FGV/EPGE Escola Brasileira de Economia e Finan├žas, Getulio Vargas Foundation (Brazil).
  2. Benjamin M. Friedman, 1982. "Using a credit aggregate target to implement monetary policy in the financial environment of the future," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 223-265.
  3. David E. Lindsey & Athanasios Orphanides & Robert H. Rasche, 2005. "The reform of October 1979: how it happened and why," Review, Federal Reserve Bank of St. Louis, issue Mar, pages 187-236.
  4. Joseph G. Haubrich & Paul Wachtel, 1993. "Capital requirements and shifts in commercial bank portfolios," Economic Review, Federal Reserve Bank of Cleveland, issue Q III, pages 2-15.
  5. Raghbendra Jha & Deba Prasad Rath, 2001. "On the Endogeneity of the Money Multiplier in India," ASARC Working Papers 2001-12, The Australian National University, Australia South Asia Research Centre.
  6. Robert B. Avery & Myron L. Kwast, 1993. "Money and interest rates under a reserves operating target," Economic Review, Federal Reserve Bank of Cleveland, issue Q II, pages 24-34.
  7. Gillian Garcia, 1984. "The right rabbit: Which intermediate target should the Fed pursue?," Economic Perspectives, Federal Reserve Bank of Chicago, issue May, pages 15-31.
  8. Robert L. Hetzel, 1986. "A critique of theories of money stock determination," Working Paper 86-06, Federal Reserve Bank of Richmond.

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