EconPapers    
Economics at your fingertips  
 

Credit controls: 1980

Stacey Schreft

Economic Review, 1990, vol. 76, issue Nov, 25-55

Abstract: Experience suggests that in times of rising inflation and interest rates, political support emerges for the use of credit controls. In the U.S., such controls were last used in 1980. This article examines the 1980 controls and argues that the program had unintended and unforeseen effects that contributed to the severity of the 1980 recession.

Keywords: Credit; Credit Control Act of 1969 (search for similar items in EconPapers)
Date: 1990
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8) Track citations by RSS feed

Downloads: (external link)
https://fraser.stlouisfed.org/files/docs/publicati ... ev_frbrich199011.pdf (application/pdf)

Related works:
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:fedrer:y:1990:i:nov:p:25-55:n:v.76no.6

Ordering information: This journal article can be ordered from

Access Statistics for this article

More articles in Economic Review from Federal Reserve Bank of Richmond Contact information at EDIRC.
Bibliographic data for series maintained by Christian Pascasio ().

 
Page updated 2020-02-26
Handle: RePEc:fip:fedrer:y:1990:i:nov:p:25-55:n:v.76no.6