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Federal Reserve Policy in Transition

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  • Charles R. Whittlesey

Abstract

I. Introduction, 340. — II. Theory of credit control via member bank reserves, 341. — III. Impairment of the essential conditions of effective credit control, 341. — IV. Effects of Federal Reserve policies on the portfolio policies of member banks, 344. — V. Present status of Federal Reserve credit control policies, 345. — VI. Proposals for reform, 346.

Suggested Citation

  • Charles R. Whittlesey, 1946. "Federal Reserve Policy in Transition," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 60(3), pages 340-350.
    • Handle: RePEc:oup:qjecon:v:60:y:1946:i:3:p:340-350.
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    File URL: http://hdl.handle.net/10.2307/1880676
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    Cited by:

    1. Barry Eichengreen & Peter M. Garber, 1991. "Before the Accord: U.S. Monetary-Financial Policy, 1945-51," NBER Chapters, in: Financial Markets and Financial Crises, pages 175-206, National Bureau of Economic Research, Inc.

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