Alternative reserve concepts as operating targets in monetary policy implementation: specifications of the structural model

Joseph M. Crews and Glenn C. Picou

No 74-04, Working Paper from Federal Reserve Bank of Richmond

Abstract: Monetary policy is concerned with the ultimate goals of price stability, full employment, and economic growth, and with the short-run stability of financial markets.

Keywords: Monetary policy; Federal funds market (United States) (search for similar items in EconPapers)
Date: 1974
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