Lindsey, David E.; Orphanides, Athanasios; Rasche, Robert H. - Center for Financial Studies - 2005
exclusively upon contemporaneous sources, including the recently released transcripts of Federal Open Market Committee (FOMC …) meetings during 1979. We then present and discuss in detail the reasons for the FOMC’s adoption of the reform and the …This study offers a historical review of the monetary policy reform of October 6, 1979, and discusses the influences …