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Should the Federal Reserve continue to monitor credit?

Author

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  • James S. Fackler

Abstract

The erratic behavior of credit aggregates in recent years has led to questions about whether any credit measure is useful in conducting monetary policy. Empirical evidence suggests that the private component of total credit may provide useful information to monetary policymakers.

Suggested Citation

  • James S. Fackler, 1988. "Should the Federal Reserve continue to monitor credit?," Economic Review, Federal Reserve Bank of Kansas City, vol. 73(Jun), pages 39-50.
    • Handle: RePEc:fip:fedker:y:1988:i:jun:p:39-50:n:v.73no.6
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    File URL: https://www.kansascityfed.org/documents/1243/1988-Should%20the%20Federal%20Reserve%20Continue%20to%20Monitor%20Credit%3F.pdf
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    Cited by:

    1. Bardsen, G. & Klovland, J.T., 1990. "Finding The Rigth Nominal Anchor: The Cointegration Of Money, Credit And Nominal Income In Norway," The Warwick Economics Research Paper Series (TWERPS) 350, University of Warwick, Department of Economics.

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    Keywords

    Credit; Monetary policy - United States;

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