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Federal funds : instrument of Federal Reserve policy

Author

Listed:
  • Marvin Goodfriend
  • William Whelpley

Abstract

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Suggested Citation

  • Marvin Goodfriend & William Whelpley, 1986. "Federal funds : instrument of Federal Reserve policy," Economic Review, Federal Reserve Bank of Richmond, vol. 72(Sep), pages 3-11.
    • Handle: RePEc:fip:fedrer:y:1986:i:sep:p:3-11:n:v.72no.5
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    File URL: https://fraser.stlouisfed.org/title/economic-quarterly-federal-reserve-bank-richmond-960/september-october-1986-477338?page=1
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    References listed on IDEAS

    as
    1. Marvin Goodfriend & Monica Hargraves, 1983. "A historical assessment of the rationales and functions of reserve requirements," Economic Review, Federal Reserve Bank of Richmond, vol. 69(Mar), pages 3-21.
    2. Milton Friedman & Anna J. Schwartz, 1963. "A Monetary History of the United States, 1867–1960," NBER Books, National Bureau of Economic Research, Inc, number frie63-1, March.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Hamilton, James D, 1996. "The Daily Market for Federal Funds," Journal of Political Economy, University of Chicago Press, vol. 104(1), pages 26-56, February.
    2. Baum, Christopher F & Karasulu, Meral, 1998. "Modelling Federal Reserve Discount Policy," Computational Economics, Springer;Society for Computational Economics, vol. 11(1-2), pages 53-70, April.
    3. James D. Hamilton, 2019. "Perspectives on U.S. Monetary Policy Tools and Instruments," NBER Working Papers 25911, National Bureau of Economic Research, Inc.
    4. Goodhart, Charles A. E. & O'Hara, Maureen, 1997. "High frequency data in financial markets: Issues and applications," Journal of Empirical Finance, Elsevier, vol. 4(2-3), pages 73-114, June.
    5. Lawrence J. Christiano & Martin Eichenbaum, 1991. "Identification and the Liquidity Effect of a Monetary Policy Shock," NBER Working Papers 3920, National Bureau of Economic Research, Inc.

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    Keywords

    Federal funds; Monetary policy;

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