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Policy Objectives of the Federal Reserve System

Author

Listed:
  • Glenn T. Potts
  • Dudley G. Luckett

Abstract

I. Introduction, 531.—II. Method, 533.—III. Results, 535.—IV. Conclusion, 538.

Suggested Citation

  • Glenn T. Potts & Dudley G. Luckett, 1978. "Policy Objectives of the Federal Reserve System," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 92(3), pages 525-534.
    • Handle: RePEc:oup:qjecon:v:92:y:1978:i:3:p:525-534.
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    File URL: http://hdl.handle.net/10.2307/1883159
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    Citations

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    Cited by:

    1. Geoffrey M. B. Tootell, 1991. "Regional economic conditions and the FOMC votes of district presidents," New England Economic Review, Federal Reserve Bank of Boston, issue Mar, pages 3-16.
    2. Masciandaro, D. & Nieto, M. & Prast, H.M., 2007. "Financial Governance of Banking Supervision," Other publications TiSEM 65d7ff26-dca3-4da3-86ff-6, Tilburg University, School of Economics and Management.
    3. Thomas J. Pierce & Ken Rebeck, 2001. "Short‐Run Monetary Policy And The Macroeconomic Environment," Contemporary Economic Policy, Western Economic Association International, vol. 19(4), pages 434-443, October.
    4. Fuhrer, Jeff & Tootell, Geoff, 2008. "Eyes on the prize: How did the fed respond to the stock market?," Journal of Monetary Economics, Elsevier, vol. 55(4), pages 796-805, May.
    5. Geoffrey M. B. Tootell, 1991. "Are district presidents more conservative than board governors?," New England Economic Review, Federal Reserve Bank of Boston, issue Sep, pages 3-12.
    6. Donato Masciandaro, 2012. "Determinants of Financial Supervision Regimes: Markets, Institutions, Politics, Law or Geography?," Chapters, in: Kern Alexander & Rahul Dhumale (ed.), Research Handbook on International Financial Regulation, chapter 14, Edward Elgar Publishing.
    7. Oriola, Hugo, 2023. "Political monetary cycles: An empirical study," European Journal of Political Economy, Elsevier, vol. 79(C).
    8. Boivin, Jean, 2006. "Has U.S. Monetary Policy Changed? Evidence from Drifting Coefficients and Real-Time Data," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 38(5), pages 1149-1173, August.
    9. Masciandaro, Donato, 2007. "Divide et impera: Financial supervision unification and central bank fragmentation effect," European Journal of Political Economy, Elsevier, vol. 23(2), pages 285-315, June.
    10. Stephen K. McNees, 1992. "A forward-looking monetary policy reaction function: continuity and change," New England Economic Review, Federal Reserve Bank of Boston, issue Nov, pages 3-13.
    11. Vanderhart, Peter G., 2000. "The Federal Reserve's Reaction Function under Greenspan: An Ordinal Probit Analysis," Journal of Macroeconomics, Elsevier, vol. 22(4), pages 631-644, October.
    12. Niţoi, Mihai & Pochea, Maria-Miruna & Radu, Ştefan-Constantin, 2023. "Unveiling the sentiment behind central bank narratives: A novel deep learning index," Journal of Behavioral and Experimental Finance, Elsevier, vol. 38(C).
    13. Eleni Angelopoulou, 2007. "The narrative approach for the identification of monetary policy shocks in small open economies," Money Macro and Finance (MMF) Research Group Conference 2006 24, Money Macro and Finance Research Group.
    14. David Hakes, 1988. "Monetary policy and presidential elections: A nonpartisan political cycle," Public Choice, Springer, vol. 57(2), pages 175-182, May.
    15. Eleni Angelopoulou, 2007. "The Narrative Approach for the Identification of Monetary Policy Shocks in a Small Open Economy," Working Papers 55, Bank of Greece.
    16. Chung‐Hua Shen & David R. Hakes & Kenneth Brown, 1999. "Time‐Varying Response of Monetary Policy to Macroeconomic Conditions," Southern Economic Journal, John Wiley & Sons, vol. 65(3), pages 584-593, January.

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