Should the Federal Reserve continue to monitor credit?
James S. Fackler
Economic Review, 1988, vol. 73, issue Jun, 39-50
Abstract:
The erratic behavior of credit aggregates in recent years has led to questions about whether any credit measure is useful in conducting monetary policy. Empirical evidence suggests that the private component of total credit may provide useful information to monetary policymakers.
Keywords: Credit; Monetary policy - United States (search for similar items in EconPapers)
Date: 1988
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