## Abstract We identify two major changes in the dynamics of the federal funds rate in the 1990s. We model the desired rate in a two‐regime setting, one when the Fed makes no change and the other when the Fed is moving the desired rate to a new level. We find that the 1990s saw a longer duration in
✦ LIBER ✦
Why were Eckhart's propositions condemned?
✍ Scribed by Oliver Davies
- Book ID
- 111296391
- Publisher
- John Wiley and Sons
- Year
- 1990
- Weight
- 885 KB
- Volume
- 71
- Category
- Article
- ISSN
- 0028-4289
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