Federal Reserve policy since 1979
The article considers the change in the federal reserve instruments that occurred since October 1979. Before then, the FED used bank reserves to establish an interest rate that would result in the desired level of the money stock. After 1979 the FED replaced the federal funds rate as its control var...
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| Format: | Article |
| Language: | English |
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Associazione Economia civile
2013-10-01
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| Series: | PSL Quarterly Review |
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| Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10766 |