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The effects of alternative operating procedures on economic and financial relationships

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  • Carl E. Walsh

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  • 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.
  • Handle: RePEc:fip:fedkpr:y:1982:p:133-180
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    5. Buiter, Willem H & Armstrong, Clive A, 1978. "A Didactic Note on the Transactions Demand for Money and Behavior towards Risk: A Note," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 10(4), pages 529-538, November.
    6. William Poole, 1969. "Optimal choice of monetary policy instruments in a simple stochastic macro model," Special Studies Papers 2, Board of Governors of the Federal Reserve System (U.S.).
    7. 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.
    8. Sargent, Thomas J, 1982. "Beyond Demand and Supply Curves in Macroeconomics," American Economic Review, American Economic Association, vol. 72(2), pages 382-389, May.
    9. Brunner, Karl & Meltzer, Allan H., 1976. "The Phillips curve," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 1(1), pages 1-18, January.
    10. 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.
    11. Pierce, James L., 1977. "Improving the monetary aggregates: An evaluation of the report of the advisory committee on monetary statistics," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 7(1), pages 103-123, January.
    12. J. A. Cacy & Bryon Higgins & Gordon H. Sellon, 1981. "Should the discount rate be a penalty rate?," Economic Review, Federal Reserve Bank of Kansas City, vol. 66(Jan), pages 3-10.
    13. Craine, Roger & Havenner, Arthur & Berry, James, 1978. "Fixed Rules vs. Activism in the Conduct of Monetary Policy," American Economic Review, American Economic Association, vol. 68(5), pages 769-783, December.
    14. Lucas, Robert E, Jr, 1973. "Some International Evidence on Output-Inflation Tradeoffs," American Economic Review, American Economic Association, vol. 63(3), pages 326-334, June.
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    16. Brimmer, Andrew F & Sinai, Allen, 1981. "Rational Expectations and the Conduct of Monetary Policy," American Economic Review, American Economic Association, vol. 71(2), pages 259-267, May.
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    20. Donald D. Hester, 1981. "Innovations and Monetary Control," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 12(1), pages 141-200.
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    24. Weiss, Laurence M, 1980. "The Role for Active Monetary Policy in a Rational Expectations Model," Journal of Political Economy, University of Chicago Press, vol. 88(2), pages 221-233, April.
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    26. LeRoy, Stephen F & Lindsey, David E, 1978. "Determining the Monetary Instrument: A Diagrammatic Exposition," American Economic Review, American Economic Association, vol. 68(5), pages 929-934, December.
    27. Lombra, Raymond & Struble, Frederick, 1979. "Monetary Aggregate Targets and the Volatility of Interest Rates: A Taxonomic Discussion," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 11(3), pages 284-300, August.
    28. William Poole, 1970. "Optimal Choice of Monetary Policy Instruments in a Simple Stochastic Macro Model," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 84(2), pages 197-216.
    29. Grauer, Frederick L. A. & Litzenberger, Robert H., 1980. "Monetary rules and the nominal rate of interest under uncertainty," Journal of Monetary Economics, Elsevier, vol. 6(2), pages 277-288, April.
    30. David S. Jones, 1981. "Contemporaneous vs. lagged reserve accounting: implications. for monetary control," Economic Review, Federal Reserve Bank of Kansas City, vol. 66(Nov), pages 3-19.
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    33. Hetzel, Robert L, 1981. "The Federal Reserve System and Control of the Money Supply in the 1970s," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 13(1), pages 31-43, February.
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    Cited by:

    1. 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.
    2. V. Vance Roley, 1985. "Money Demand Predictability," NBER Working Papers 1580, National Bureau of Economic Research, Inc.
    3. repec:ebl:ecbull:v:30:y:2010:i:1:p:605-613 is not listed on IDEAS
    4. Dai, Meixing, 2011. "Financial market imperfections and monetary policy strategy," Economic Modelling, Elsevier, vol. 28(6), pages 2609-2621.

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