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Teaching Monetary Policy with Ample Reserves

Author

Listed:
  • Jane Ihrig

    (Federal Reserve Board)

  • Scott Wolla

    (Federal Reserve Bank of St. Louis)

Abstract

The way monetary policy is implemented has changed. The Fed moved from a limited reserves regime, where reserves in the banking system are scarce, to ...

Suggested Citation

  • Jane Ihrig & Scott Wolla, 2023. "Teaching Monetary Policy with Ample Reserves," Journal of Economics Teaching, Journal of Economics Teaching, vol. 8(2), pages 114-127, May.
    • Handle: RePEc:jtc:journl:v:8:y:2023:i:2:p:114-127
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    References listed on IDEAS

    as
    1. Jane Ihrig & Scott Wolla, 2022. "Let’s close the gap: Updating the textbook treatment of monetary policy," The Journal of Economic Education, Taylor & Francis Journals, vol. 53(3), pages 232-249, June.
    2. Scott A. Wolla, 2019. "A New Frontier: Monetary Policy with Ample Reserves," Page One Economics Newsletter, Federal Reserve Bank of St. Louis, pages 1-7, May.
    3. Dwayne Benjamin & Avi J. Cohen & Gillian Hamilton, 2020. "A Pareto-Improving Way to Teach Principles of Economics: Evidence from the University of Toronto," AEA Papers and Proceedings, American Economic Association, vol. 110, pages 299-303, May.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    JEL classification:

    • A21 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Pre-college
    • A22 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Undergraduate

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