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Monetary policy transmission: past and future challenges

Author

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  • Paul A. Volcker

Abstract

Distinguished address for a conference sponsored by the Federal Reserve Bank of New York called Financial Innovation and Monetary Transmission

Suggested Citation

  • Paul A. Volcker, 2002. "Monetary policy transmission: past and future challenges," Economic Policy Review, Federal Reserve Bank of New York, vol. 8(May), pages 7-11.
    • Handle: RePEc:fip:fednep:y:2002:i:may:p:7-11:n:v.8no.1
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    File URL: https://www.newyorkfed.org/medialibrary/media/research/epr/02v08n1/0205volck.pdf
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    Cited by:

    1. Andrew Filardo & Hans Genberg, 2010. "Monetary Policy Strategies in the Asia and Pacific Region : What Way Forward?," Finance Working Papers 23011, East Asian Bureau of Economic Research.
    2. Eric Monnet & Miklos Vari, 2023. "A Dilemma between Liquidity Regulation and Monetary Policy: Some History and Theory," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 55(4), pages 915-944, June.
    3. Martin N. Pazardjiev & Aleksandar Z. Vasilev, 2021. "Specificities of the Monetary Transmission Mechanism within the Bulgarian Currency Board Framework: The first five years," Journal of Central Banking Theory and Practice, Central bank of Montenegro, vol. 10(2), pages 57-86.
    4. Stephen G. Cecchetti, 2008. "Crisis and Responses: the Federal Reserve and the Financial Crisis of 2007-2008," NBER Working Papers 14134, National Bureau of Economic Research, Inc.
    5. Andrew Filardo & Hans Genberg, 2012. "Monetary Policy Strategies in the Asia and Pacific Region: Which Way Forward?," Chapters, in: Masahiro Kawai & Peter J. Morgan & Shinji Takagi (ed.), Monetary and Currency Policy Management in Asia, chapter 3, Edward Elgar Publishing.
    6. Philip Arestis & Malcolm Sawyer, 2002. "Can Monetary Policy Affect The Real Economy?," Macroeconomics 0209012, University Library of Munich, Germany.
    7. Kenneth Kuttner, 2006. "Can Central Banks Target Bond Prices?," NBER Working Papers 12454, National Bureau of Economic Research, Inc.
    8. Giuseppe Fontana & Alfonso Palacio-Vera, 2004. "Monetary Policy Uncovered: Theory and Practice," International Review of Applied Economics, Taylor & Francis Journals, vol. 18(1), pages 1-19.
    9. Stephen G. Cecchetti, 2009. "Crisis and Responses: The Federal Reserve in the Early Stages of the Financial Crisis," Journal of Economic Perspectives, American Economic Association, vol. 23(1), pages 51-75, Winter.

    More about this item

    Keywords

    Interest rates; Monetary policy;

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