The effectiveness of monetary policy

Robert Rasche and Marcela Williams

Review, 2007, vol. 89, issue Sep, 447-490

Abstract: This analysis addresses changing views of the role and effectiveness of monetary policy, inflation targeting as an \\"effective monetary policy,\\" monetary policy and short-run (output) stabilization, and problems in implementing a short-run stabilization policy.

Keywords: Monetary; policy (search for similar items in EconPapers)
Date: 2007
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
https://files.stlouisfed.org/files/htdocs/publications/review/07/09/Rasche.pdf (application/pdf)

Related works:
Working Paper: The effectiveness of monetary policy (2005)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedlrv:y:2007:i:sep:p:447-490:n:v.89no.5

Access Statistics for this article

Review is currently edited by Juan M. Sanchez

More articles in Review from Federal Reserve Bank of St. Louis Contact information at EDIRC.
Bibliographic data for series maintained by Scott St. Louis ().