Andrés, Javier (contributor); … - 2004 - [Elektronische Ressource]
, Federal Open Market Committee member Ben S. Bernanke considered
the channels for monetary expansion available to the Federal …-structureex-
pectations channel, Bernanke suggested that historical experience suggested
a second, less conventional channel was available … short rates . In
emphasizing this channel, Bernanke was endorsing a central message of Tobin
(1969): the influence of …