Should the Federal Reserve continue to monitor credit?

The erratic behavior of credit aggregates in recent years has led to questions about whether any credit measure is useful in conducting monetary policy. Empirical evidence suggests that the private component of total credit may provide useful information to monetary policymakers.

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Year of publication:	1988
Authors:	Fackler, James S.
Published in:	Economic Review. - Federal Reserve Bank of Kansas City. - 1988, Jun, v. 73, no. 6, p. 39-50
Publisher:	Federal Reserve Bank of Kansas City
Subject:	Credit \| Monetary policy - United States

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005373454