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Federal reserve credibility and the market's response to the weekly M1 announcements

William Gavin () and Nicholas V. Karamouzis

No 8502, Working Papers (Old Series) from Federal Reserve Bank of Cleveland

Abstract: A presentation of new evidence on the issue of Federal Reserve System credibility, examining the response pattern of asset prices to the weekly M1 announcements under different operating procedures and monetary policy regimes.

Keywords: Money supply; Monetary policy (search for similar items in EconPapers)
Date: 1985
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