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Closing the Monetary Policy Curriculum Gap: A Primer for Educators Making the Transition to Teaching the Fed's Ample-Reserves Framework

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Abstract

The Federal Reserve (the Fed), the central bank of the United States, has a Congressional mandate to promote maximum employment and price stability. While those goals were articulated in 1977, the approach and tools used to implement those objectives have changed over time.

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  • Jane E. Ihrig & Scott A. Wolla, 2020. "Closing the Monetary Policy Curriculum Gap: A Primer for Educators Making the Transition to Teaching the Fed's Ample-Reserves Framework," FEDS Notes 2020-10-23-2, Board of Governors of the Federal Reserve System (U.S.).
  • Handle: RePEc:fip:fedgfn:2020-10-23-2
    DOI: 10.17016/2380-7172.2754
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    File URL: https://www.federalreserve.gov//econres/notes/feds-notes/closing-the-monetary-policy-curriculum-gap-20201023.htm
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    Cited by:

    1. Indriawan, Ivan & Jiao, Feng & Tse, Yiuman, 2021. "The SOFR and the Fed’s influence over market interest rates," Economics Letters, Elsevier, vol. 209(C).

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