A theory of the bureaucratic value of Federal Reserve operating procedures
Author
Abstract
Suggested Citation
DOI: 10.1007/BF00137906
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- John F. Chant & Keith Acheson, 1973. "Mythology And Central Banking," Kyklos, Wiley Blackwell, vol. 26(2), pages 362-379, January.
- Neil Skaggs & Cheryl Wasserkrug, 1983. "Banking sector influence on the relationship of Congress to the Federal Reserve System," Public Choice, Springer, vol. 41(2), pages 295-306, January.
- Pierce, James L., 1978. "The myth of congressional supervision of monetary policy," Journal of Monetary Economics, Elsevier, vol. 4(2), pages 363-370, April.
- Poole, William, 1979. "Burnsian Monetary Policy: Eight Years of Progress?," Journal of Finance, American Finance Association, vol. 34(2), pages 473-484, May.
- Albert Breton & Ronald Wintrobe, 1978. "A Theory of 'Moral' Suasion," Canadian Journal of Economics, Canadian Economics Association, vol. 11(2), pages 210-219, May.
- Jack M. Guttentag, 1966. "The Strategy of Open Market Operations," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 80(1), pages 1-30.
- repec:bla:kyklos:v:26:y:1973:i:2:p:362-79 is not listed on IDEAS
- Benjamin M. Friedman, 1977. "The Inefficiency of Short-Run Monetary Targets for Monetary Policy," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 8(2), pages 293-346.
- Richard D. Erb, 1978. "Federal Reserve Policies and Public Disclosure," Books, American Enterprise Institute, number 917993, September.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- James Forder, 2005. "The limits of `independence' and the policy of the ECB^," Public Choice, Springer, vol. 125(3), pages 431-444, December.
- Salter, Alexander W. & Smith, Daniel J., 2019. "Political economists or political economists? The role of political environments in the formation of fed policy under burns, Greenspan, and Bernanke," The Quarterly Review of Economics and Finance, Elsevier, vol. 71(C), pages 1-13.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Neil Skaggs & Cheryl Wasserkrug, 1983. "Banking sector influence on the relationship of Congress to the Federal Reserve System," Public Choice, Springer, vol. 41(2), pages 295-306, January.
- Benjamin M. Friedman & Milton Friedman & A. W. Clausen, 1980. "Postwar Changes in the American Financial Markets," NBER Chapters, in: The American Economy in Transition, pages 9-100, National Bureau of Economic Research, Inc.
- Benjamin M. Friedman, 1980. "Postwar Changes in the American Financial Markets," NBER Working Papers 0458, National Bureau of Economic Research, Inc.
- Benjamin M. Friedman, 1988. "Targets and Instruments of Monetary Policy," NBER Working Papers 2668, National Bureau of Economic Research, Inc.
- Henri Sterdyniak & Pierre Villa, 1986.
"Des conséquences conjoncturelles de la régulation monétaire,"
Revue Économique, Programme National Persée, vol. 37(6), pages 963-998.
- Sterdyniak H & Villa Pierre, 1984. "Des conséquences conjoncturelles de la régulation monétaire," CEPREMAP Working Papers (Couverture Orange) 8410, CEPREMAP.
- Henri Sterdyniak & Pierre Villa, 1986. "Des conséquences conjoncturelles de la régulation monétaire," SciencePo Working papers Main hal-01304905, HAL.
- Henri Sterdyniak & Pierre Villa, 1986. "Des conséquences conjoncturelles de la régulation monétaire," Post-Print hal-01304905, HAL.
- Adrian Tschoegl, 1996. "Country and Firm Sources of International Competitiveness: The Case of the Foreign Exchange Market," Center for Financial Institutions Working Papers 97-19, Wharton School Center for Financial Institutions, University of Pennsylvania.
- Gordon, Robert J, 1984.
"The Short-run Demand for Money: A Reconsideration,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 16(4), pages 403-434, November.
- Robert J. Gordon, 1984. "The Short-Run Demand for Money: A Reconsideration," NBER Working Papers 1421, National Bureau of Economic Research, Inc.
- Gordon, Robert J, 1984. "The Short-Run Demand for Money: A Reconsideration," CEPR Discussion Papers 24, C.E.P.R. Discussion Papers.
- Wm. Mounts & Clifford Sowell & James Lindley, 1985. "Rent-seeking over time: The continuity of capture," Public Choice, Springer, vol. 46(1), pages 87-94, January.
- Clarida, Richard H & Friedman, Benjamin M, 1984.
"The Behavior of U.S. Short-Term Interest Rates since October 1979,"
Journal of Finance, American Finance Association, vol. 39(3), pages 671-682, July.
- Richard H. Clarida & Benjamin M. Friedman, 1984. "The Behavior of U.S. Short-Term Interest Rates Since October 1979," NBER Working Papers 1273, National Bureau of Economic Research, Inc.
- Kenneth D. West, 1993.
"An Aggregate Demand–Aggregate Supply Analysis of Japanese Monetary Policy, 1973–1990,"
NBER Chapters, in: Japanese Monetary Policy, pages 160-188,
National Bureau of Economic Research, Inc.
- Kenneth D. West, 1991. "An Aggregate Demand - Aggregate Supply Analysis of Japanese Monetary Policy, 1973-1990," NBER Working Papers 3823, National Bureau of Economic Research, Inc.
- Jörg Bibow, 2004.
"Reflections on the current fashion for central bank independence,"
Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 28(4), pages 549-576, July.
- Jorg Bibow, "undated". "Reflections on the Current Fashion for Central Bank Independence," Economics Working Paper Archive wp_334, Levy Economics Institute.
- Jörg Bibow, 2001. "Reflections on the Current Fashion For Central Bank Independence," Macroeconomics 0108004, University Library of Munich, Germany.
- Richard H. Clarida & Benjamin M. Friedman, 1986. "The Behavior of U.S. Short-Term Interest Rates Since 1979-10," Cowles Foundation Discussion Papers 695, Cowles Foundation for Research in Economics, Yale University.
- Adrian E. Tschoegl, 2004. "Financial Crises and the Presence of Foreign Banks," International Finance 0405016, University Library of Munich, Germany.
- Benno Torgler, 2003. "Beyond Punishment: a tax compliance experiment with taxpayers in Costa Rica," Revista de Analisis Economico – Economic Analysis Review, Universidad Alberto Hurtado/School of Economics and Business, vol. 18(1), pages 27-56, June.
- Chopin, Marc C. & Cole, C. Steven & Ellis, Michael A., 1996. "Congressional influence on U.S. monetary policy: A reconsideration of the evidence," Journal of Monetary Economics, Elsevier, vol. 38(3), pages 561-570, December.
- Vaubel, Roland, 1997. "The bureaucratic and partisan behavior of independent central banks: German and international evidence," European Journal of Political Economy, Elsevier, vol. 13(2), pages 201-224, May.
- Thomas Mayer, 2003. "The Monetarist Policy Debate: An Informal Survey," Working Papers 299, University of California, Davis, Department of Economics.
- Jacques Mélitz, 1979. "Usage optimal des instruments monétaires en régime de changes flexibles," Revue Économique, Programme National Persée, vol. 30(5), pages 780-807.
- Edward J. Kane, 1982. "Selecting monetary targets in a changing financial environment," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 181-222.
- Edwin Dickens, 1995. "U.S. Monetary Policy In The 1950s: A Radical Political Economic Approach," Review of Radical Political Economics, Union for Radical Political Economics, vol. 27(4), pages 83-111, December.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:pubcho:v:43:y:1984:i:1:p:65-76. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.