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Federal Reserve System Implementation of Monetary Policy: Analytical Foundations of the New Approach

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  • Axilrod, Stephen H
  • Lindsey, David E

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  • Axilrod, Stephen H & Lindsey, David E, 1981. "Federal Reserve System Implementation of Monetary Policy: Analytical Foundations of the New Approach," American Economic Review, American Economic Association, vol. 71(2), pages 246-252, May.
    • Handle: RePEc:aea:aecrev:v:71:y:1981:i:2:p:246-52
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    Citations

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    Cited by:

    1. David E. Lindsey & Athanasios Orphanides & Robert H. Rasche, 2013. "The Reform of October 1979: How It Happened and Why," Review, Federal Reserve Bank of St. Louis, issue Nov, pages 487-542.
    2. Bennett T. McCallum & James G. Hoehn, 1982. "Money Stock Control with Reserve and Interest Rate Instruments Under Rational Expectations," NBER Working Papers 0893, National Bureau of Economic Research, Inc.
    3. Jeff W. Huther & Kevin F. Kiernan & Elizabeth C. Klee & Ethan Rodriguez-Shah, 2023. "The FOMC's Use of Operational Targets: 85 Years and Counting," Finance and Economics Discussion Series 2023-039, Board of Governors of the Federal Reserve System (U.S.).
    4. Gary S. Anderson & Marvin Goodfriend & Anil K. Kashyap & George R. Moore & Richard D. Porter, 1984. "A weekly perfect foresight model of the nonborrowed reserve operating procedure," Working Paper 84-04, Federal Reserve Bank of Richmond.
    5. Julio J. Rotemberg, 2013. "Shifts in US Federal Reserve Goals and Tactics for Monetary Policy: A Role for Penitence?," Journal of Economic Perspectives, American Economic Association, vol. 27(4), pages 65-86, Fall.
    6. Victor Argy & Anthony Brennan & Glenn Stevens, 1990. "Monetary Targeting: The International Experience," The Economic Record, The Economic Society of Australia, vol. 66(1), pages 37-62, March.
    7. Michael Dotsey, 1985. "Monetary policy, secrecy, and federal funds rate behavior," Working Paper 85-04, Federal Reserve Bank of Richmond.
    8. Barbosa, Fernando de Holanda, 1990. "Mercado aberto brasileiro: análise dos procedimentos operacionais," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 160, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    9. Goodhart, Charles, 1989. "The Conduct of Monetary Policy," Economic Journal, Royal Economic Society, vol. 99(396), pages 293-346, June.
    10. Bindseil, Ulrich, 2004. "The operational target of monetary policy and the rise and fall of reserve position doctrine," Working Paper Series 372, European Central Bank.
    11. Carl E. Walsh, 1982. "The effects of alternative operating procedures on economic and financial relationships," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 133-180.
    12. Kenneth Kalu, 2017. "A Re-Examination of the Asymmetry between Interest Rates and Stock Returns," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 9(6), pages 23-30, June.
    13. Michael Dotsey, 1987. "Monetary control under alternative operating procedures," Working Paper 87-05, Federal Reserve Bank of Richmond.
    14. Walter, Timo & Wansleben, Leon, 2018. "How Central Bankers Learned to Love Financialization: The Fed, the Bank, and the Enlisting of Unfettered Markets in the Conduct of Monetary Policy," OSF Preprints gzyp6, Center for Open Science.
    15. Walter, Timo, 2019. "Janus Face of Inflation Targeting_Walter_PrePrint," OSF Preprints 9fmhe, Center for Open Science.

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