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Foreign exchange operations and the Federal Reserve

Author

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  • Alfred Broaddus
  • Marvin Goodfriend

Abstract

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Suggested Citation

  • Alfred Broaddus & Marvin Goodfriend, 1996. "Foreign exchange operations and the Federal Reserve," Economic Quarterly, Federal Reserve Bank of Richmond, issue Win, pages 1-20.
    • Handle: RePEc:fip:fedreq:y:1996:i:win:p:1-20
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    File URL: https://www.richmondfed.org/-/media/RichmondFedOrg/publications/research/economic_quarterly/1996/winter/pdf/broaddus.pdf
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    References listed on IDEAS

    as
    1. Bennett T. McCallum, 1997. "Inflation Targeting in Canada, New Zealand, Sweden, the United Kingdom, and in General," Palgrave Macmillan Books, in: Iwao Kuroda (ed.), Towards More Effective Monetary Policy, chapter 8, pages 211-252, Palgrave Macmillan.
    2. Michael Bordo & Anna Schwartz, 1991. "What has foreign exchange market intervention since the Plaza Agreement accomplished?," Open Economies Review, Springer, vol. 2(1), pages 39-64, February.
    3. B. Dianne Pauls, 1990. "U.S. exchange rate policy: Bretton Woods to present," Federal Reserve Bulletin, Board of Governors of the Federal Reserve System (U.S.), issue Nov, pages 891-908.
    4. Rose, Andrew K. & Svensson, Lars E. O., 1994. "European exchange rate credibility before the fall," European Economic Review, Elsevier, vol. 38(6), pages 1185-1216, June.
    5. King, Mervyn, 1995. "Credibility and Monetary Policy: Theory and Evidence," Scottish Journal of Political Economy, Scottish Economic Society, vol. 42(1), pages 1-19, February.
    6. Owen F. Humpage, 1994. "Institutional aspects of U.S. intervention," Economic Review, Federal Reserve Bank of Cleveland, vol. 30(Q I), pages 2-19.
    7. Torsten Persson & Guido Tabellini (ed.), 1994. "Monetary and Fiscal Policy, Vol. 2: Politics," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262660881, December.
    8. Michael D. Bordo & Anna J. Schwartz, 1990. "What has Foreign Market Intervention Since the Plaza Agreement Accomplished?," NBER Working Papers 3562, National Bureau of Economic Research, Inc.
    9. Peter N. Ireland, 1996. "Long-term interest rates and inflation: a Fisherian approach," Economic Quarterly, Federal Reserve Bank of Richmond, issue Win, pages 21-36.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Robert L. Hetzel, 1996. "Sterilized foreign exchange intervention: the Fed debate in the 1960's," Economic Quarterly, Federal Reserve Bank of Richmond, issue Spr, pages 21-46.
    2. Michael D. Bordo & Owen F. Humpage & Anna J. Schwartz, 2006. "Bretton Woods and the U.S. decision to intervene in the foreign-exchange market, 1957-1962," Working Papers (Old Series) 0609, Federal Reserve Bank of Cleveland.
    3. Robert L. Hetzel, 1997. "The case for a monetary rule in a constitutional democracy," Economic Quarterly, Federal Reserve Bank of Richmond, issue Spr, pages 45-66.
    4. Goodfriend, Marvin, 2007. "International Adjustment in the New Neoclassical Synthesis," Kiel Working Papers 1345, Kiel Institute for the World Economy (IfW Kiel).
    5. Marvin Goodfriend & Eswar Prasad, 2009. "A Framework for Independent Monetary Policy in China," Chapters, in: Gill Hammond & Ravi Kanbur & Eswar Prasad (ed.), Monetary Policy Frameworks for Emerging Markets, chapter 8, Edward Elgar Publishing.
    6. anonymous, 2000. "What assets should the Federal Reserve buy? 2000 annual report of the Federal Reserve Bank of Richmond," Annual Report, Federal Reserve Bank of Richmond.
    7. Alfred Broaddus, 2004. "Macroeconomic principles and monetary policy," Economic Quarterly, Federal Reserve Bank of Richmond, vol. 90(Win), pages 1-9.
    8. Alfred Broaddus & Marvin Goodfriend, 2001. "What assets should the Federal Reserve buy?," Economic Quarterly, Federal Reserve Bank of Richmond, issue Win, pages 7-22.
    9. Åke Lönnberg & Mr. Peter Stella, 2008. "Issues in Central Bank Finance and Independence," IMF Working Papers 2008/037, International Monetary Fund.
    10. Ake Lonnberg & Peter Stella, 2008. "Issues in central bank finance and independence," FRB Atlanta Working Paper 2008-13, Federal Reserve Bank of Atlanta.

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    Keywords

    Monetary policy; Foreign exchange market;

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