A number of recent studies have analyzed whether there is a political influence on monetary policy, focusing primarily on whether monetary policy becomes "easier" just prior to elections. In addition to exploring whether there exists an election period cycle in monetary policy, this article explores
โฆ LIBER โฆ
The determinants of Federal Reserve policy actions: A re-examination
โ Scribed by Richard T. Froyen; Roger N. Waud
- Book ID
- 114130296
- Publisher
- Elsevier Science
- Year
- 2002
- Tongue
- English
- Weight
- 112 KB
- Volume
- 24
- Category
- Article
- ISSN
- 0164-0704
No coin nor oath required. For personal study only.
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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).
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