The Lag in the Effect of Monetary Policy on Income and Interest Rates

William E. Gibson

The Quarterly Journal of Economics, 1970, vol. 84, issue 2, 288-300

Abstract: I. Introduction, 288. — II. Monetary changes, interest rates, and national income, 288. — III. Lag in effect of monetary policy, 291. — IV. Measurement of effects of monetary policy changes, 292.

Date: 1970
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