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Discount window borrowing, monetary policy, and the post-October 6, 1979 federal reserve operating procedure

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  • Goodfriend, Marvin

Abstract

This paper is intended to be an analysis of discount window borrowing as it relates to more general issues of monetary control. The topic deserves a new look because of the central role of discount window borrowing under the post-October 6, 1979 \"reserve targeting\" operating strategy.
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  • Goodfriend, Marvin, 1983. "Discount window borrowing, monetary policy, and the post-October 6, 1979 federal reserve operating procedure," Journal of Monetary Economics, Elsevier, vol. 12(3), pages 343-356, September.
  • Handle: RePEc:eee:moneco:v:12:y:1983:i:3:p:343-356
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    1. Lucas, Robert Jr, 1976. "Econometric policy evaluation: A critique," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 1(1), pages 19-46, January.
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