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Why Have Short-Term Interest Rates Been So High?

Author

Listed:
  • Richard H. Clarida

    (Yale University)

  • Benjamin M. Friedman

    (Harvard University)

Abstract

No abstract is available for this item.

Suggested Citation

  • Richard H. Clarida & Benjamin M. Friedman, 1983. "Why Have Short-Term Interest Rates Been So High?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 14(2), pages 553-586.
  • Handle: RePEc:bin:bpeajo:v:14:y:1983:i:1983-2:p:553-586
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    Citations

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    Cited by:

    1. Hendershott, Patric H & Peek, Joe, 1992. "Treasury Bill Rates in the 1970s and 1980s," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 24(2), pages 195-214, May.
    2. Richard H. Clarida & Benjamin M. Friedman, 1986. "The Behavior of U.S. Short-Term Interest Rates Since 1979-10," Cowles Foundation Discussion Papers 695, Cowles Foundation for Research in Economics, Yale University.
    3. Clarida, Richard H & Friedman, Benjamin M, 1984. "The Behavior of U.S. Short-Term Interest Rates since October 1979," Journal of Finance, American Finance Association, vol. 39(3), pages 671-682, July.
    4. Bennett T. McCallum, 1984. "Credibility and monetary policy," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 105-135.
    5. Benjamin M. Friedman, 1984. "The Value of Intermediate Targets in Implementing Monetary Policy," NBER Working Papers 1487, National Bureau of Economic Research, Inc.
    6. Mankiw, N Gregory & Miron, Jeffrey A & Weil, David N, 1987. "The Adjustment of Expectations to a Change in Regime: A Study of the Founding of the Federal Reserve," American Economic Review, American Economic Association, vol. 77(3), pages 358-374, June.
    7. Benjamin M. Friedman, 1984. "Lessons from the 1979-1982 Monetary Policy Experiment," NBER Working Papers 1272, National Bureau of Economic Research, Inc.
    8. Peng Zhang, 2018. "Exchange Rate and Asset Market: the Trilemma for China's Monetary Policy," Review of Economics & Finance, Better Advances Press, Canada, vol. 14, pages 1-16, November.

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