Alternative optimal open market strategies: a classical optimization certainty equivalence approach

Joseph M. Crews

No 74-02, Working Paper from Federal Reserve Bank of Richmond

Abstract: The Federal Reserve System has historically been criticized for placing too much emphasis on insuring the short-run stability of financial markets and too little emphasis on real sector goals.

Keywords: Open market operations; Monetary policy (search for similar items in EconPapers)
Date: 1974
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.richmondfed.org/publications/research/working_papers/1974/wp_74-2.cfm (text/html)
https://www.richmondfed.org/-/media/RichmondFedOrg ... /1974/pdf/wp74-2.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:fedrwp:74-02

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in Working Paper from Federal Reserve Bank of Richmond Contact information at EDIRC.
Bibliographic data for series maintained by Christian Pascasio ().