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A weekly rational expectations model of the nonborrowed reserve operating procedure

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  • Marvin Goodfriend

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  • Marvin Goodfriend, 1986. "A weekly rational expectations model of the nonborrowed reserve operating procedure," Economic Review, Federal Reserve Bank of Richmond, vol. 72(Jan), pages 11-28.
  • Handle: RePEc:fip:fedrer:y:1986:i:jan:p:11-28:n:v.72no.1
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    References listed on IDEAS

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    1. Bryant, Ralph C, 1982. "Federal Reserve Control of the Money Stock," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 14(4), pages 597-625, November.
    2. Poole, William, 1982. "Federal Reserve Operating Procedures: A Survey and Evaluation of the Historical Record since October 1979," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 14(4), pages 575-596, November.
    3. Goodfriend, Marvin, 1983. "Discount window borrowing, monetary policy, and the post-October 6, 1979 federal reserve operating procedure," Journal of Monetary Economics, Elsevier, vol. 12(3), pages 343-356, September.
    4. Santomero, Anthony M, 1983. "Controlling Monetary Aggregates: The Discount Window," Journal of Finance, American Finance Association, vol. 38(3), pages 827-843, June.
    5. Anderson, Richard G & Rasche, Robert H, 1982. "What Do Money Market Models Tell Us about How to Implement Monetary Policy?," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 14(4), pages 796-828, November.
    6. Anderson, Gary & Moore, George, 1985. "A linear algebraic procedure for solving linear perfect foresight models," Economics Letters, Elsevier, vol. 17(3), pages 247-252.
    7. John P. Judd & John L. Scadding, 1982. "What do money market models tell us about how to implement monetary policy: reply," Working Papers in Applied Economic Theory 108, Federal Reserve Bank of San Francisco.
    8. Lindsey, David E. & Farrx, Helen T. & Gillum, Gary P. & Kopecky, Kenneth J. & Porter, Richard D., 1984. "Short-run monetary control : Evidence under a non-borrowed reserve operating procedure," Journal of Monetary Economics, Elsevier, vol. 13(1), pages 87-111, January.
    9. Farr, Helen T & Porter, Richard D, 1982. "Comment on "What Do Money Market Models Tell Us about How to Implement Monetary Policy?"," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 14(4), pages 857-868, November.
    10. Judd, John P & Scadding, John L, 1982. "Comment on "What Do Money Market Models Tell Us about How to Implement Monetary Policy?"," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 14(4), pages 868-877, November.
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    Cited by:

    1. Gara Afonso & Roc Armenter & Benjamin Lester, 2019. "A Model of the Federal Funds Market: Yesterday, Today, and Tomorrow," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 33, pages 177-204, July.
    2. Nicola Acocella, "undated". "Teoria e pratica della politica economica: l’eredità del recente passato," Working Papers 104/13, Sapienza University of Rome, Metodi e Modelli per l'Economia, il Territorio e la Finanza MEMOTEF.
    3. Robert B. Avery & Myron L. Kwast, 1993. "Money and interest rates under a reserves operating target," Economic Review, Federal Reserve Bank of Cleveland, vol. 29(Q II), pages 24-34.
    4. Hamilton, James D., 1998. "The supply and demand for Federal Reserve deposits," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 49(1), pages 1-44, December.
    5. Joseph G. Haubrich & Paul Wachtel, 1993. "Capital requirements and shifts in commercial bank portfolios," Economic Review, Federal Reserve Bank of Cleveland, vol. 29(Q III), pages 2-15.
    6. Timothy Q. Cook, 1988. "Determinants of the Federal funds rate: 1979 - 1982," Working Paper 88-07, Federal Reserve Bank of Richmond.
    7. Tabellini, Guido, 1987. "Secrecy of Monetary Policy and the Variability of Interest Rates," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 19(4), pages 425-436, November.

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