Federal reserve policymaking: An overview and analysis of the policy process a comment
โ Scribed by Joshua Feinman; William Poole
- Book ID
- 116105308
- Publisher
- Elsevier Science
- Year
- 1989
- Weight
- 646 KB
- Volume
- 30
- Category
- Article
- ISSN
- 0167-2231
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
The Federal funds rate is also an ingredient in marc sophisticated measures of monetary policy as described in Bernankc and Mihov (1995) and Strongin (1995). Those measures also incorporate the volumc of nonborrowed and total reserves. 2See, for example, McGee (1995).
## Abstract The Federal Reserve Greenbook forecasts of real GDP, inflation and unemployment are analysed for the period 1974โ1997. We consider whether these forecasts exhibit systematic bias, and whether efficient use is made of information, that is, whether revisions to these forecasts over time a