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Price stability and regional diversity

Author

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  • W. Lee Hoskins

Abstract

An argument against using short-term monetary policy to alleviate regional economic shocks and an analysis of how regional economic diversity lends strength to the goal of price stability as the Federal Reserve System's sole monetary policy focus.

Suggested Citation

  • W. Lee Hoskins, 1991. "Price stability and regional diversity," Economic Commentary, Federal Reserve Bank of Cleveland, issue May.
    • Handle: RePEc:fip:fedcec:y:1991:i:may1
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    Citations

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    Cited by:

    1. Lakshmi Balasubramanyan & Joseph G. Haubrich, 2014. "What do we know about regional banks? An exploratory analysis," Working Papers (Old Series) 1316, Federal Reserve Bank of Cleveland.
    2. Katherine A. Samolyk, 1992. "Bank performance and regional economic growth: evidence of a regional credit channel," Working Papers (Old Series) 9204, Federal Reserve Bank of Cleveland.
    3. Gerald A. Carlino & Keith Sill, 1996. "Common trends and common cycles in regional per capita incomes," Working Papers 96-13, Federal Reserve Bank of Philadelphia.

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