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The strategy of monetary policy

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  • Raymond E. Lombra
  • Raymond Torto

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  • Raymond E. Lombra & Raymond Torto, 1975. "The strategy of monetary policy," Economic Review, Federal Reserve Bank of Richmond, vol. 61(Sep), pages 3-14.
    • Handle: RePEc:fip:fedrer:y:1975:i:sep:p:3-14:n:v.61no.5
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    References listed on IDEAS

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    1. William Poole, 1969. "Optimal choice of monetary policy instruments in a simple stochastic macro model," Special Studies Papers 2, Board of Governors of the Federal Reserve System (U.S.).
    2. Jack M. Guttentag, 1966. "The Strategy of Open Market Operations," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 80(1), pages 1-30.
    3. Frank De Leeuw & Edward M. Gramlich, 1968. "The Federal Reserve-MIT economic model," Federal Reserve Bulletin, Board of Governors of the Federal Reserve System (U.S.), issue Jan, pages 11-40.
    4. Poole, William, 1975. "The Making of Monetary Policy: Description and Analysis," Economic Inquiry, Western Economic Association International, vol. 13(2), pages 253-265, June.
    5. Maisel, Sherman J, 1974. "The Economic and Finance Literature and Decision Making," Journal of Finance, American Finance Association, vol. 29(2), pages 313-322, May.
    6. William Poole, 1970. "Optimal Choice of Monetary Policy Instruments in a Simple Stochastic Macro Model," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 84(2), pages 197-216.
    7. Christopher A. Sims, 1974. "Optimal Stable Policies for Unstable Instruments," NBER Chapters, in: Annals of Economic and Social Measurement, Volume 3, number 1, pages 257-265, National Bureau of Economic Research, Inc.
    8. James L. Pierce, 1974. "Quantitative Analysis for Decisions at the Federal Reserve," NBER Chapters, in: Annals of Economic and Social Measurement, Volume 3, number 1, pages 11-19, National Bureau of Economic Research, Inc.
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    Citations

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    Cited by:

    1. McCallum, Bennett T., 1981. "Price level determinacy with an interest rate policy rule and rational expectations," Journal of Monetary Economics, Elsevier, vol. 8(3), pages 319-329.
    2. Yash P. Mehra, 1985. "Inflationary expectations, money growth, and the vanishing liquidity effect of money on interest : a further investigation," Economic Review, Federal Reserve Bank of Richmond, vol. 71(Mar), pages 23-35.

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    Keywords

    Monetary policy;

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