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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, issue 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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    References listed on IDEAS

    as
    1. Donald S. Allen, 1998. "How closely do banks manage vault cash?," Review, Federal Reserve Bank of St. Louis, issue Jul, pages 43-54.
    2. Jeffrey M. Wrase, 1998. "Is the Fed being swept out of (monetary) control?," Business Review, Federal Reserve Bank of Philadelphia, issue Nov, pages 3-12.
    3. James A. Clouse & Douglas W. Elmendorf, 1997. "Declining required reserves and the volatility of the federal funds rate," Finance and Economics Discussion Series 1997-30, Board of Governors of the Federal Reserve System (U.S.).
    4. Woodford, Michael, 2000. "Monetary Policy in a World without Money," International Finance, Wiley Blackwell, vol. 3(2), pages 229-260, July.
    5. Paul Bennett & R. Spence Hilton, 1997. "Falling reserve balances and the federal funds rate," Current Issues in Economics and Finance, Federal Reserve Bank of New York, vol. 3(May).
    Full references (including those not matched with items on IDEAS)

    Citations

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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. Andrew Filardo & Hans Genberg, 2012. "Monetary Policy Strategies in the Asia and Pacific Region: Which Way Forward?," Chapters,in: Monetary and Currency Policy Management in Asia, chapter 3 Edward Elgar Publishing.
    3. Philip Arestis & Malcolm Sawyer, 2002. "Can Monetary Policy Affect The Real Economy?," Macroeconomics 0209012, EconWPA.
    4. Kenneth Kuttner, 2006. "Can Central Banks Target Bond Prices?," NBER Working Papers 12454, National Bureau of Economic Research, Inc.

    More about this item

    Keywords

    Monetary policy ; Interest rates;

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