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Persistent link: https://www.econbiz.de/10001609581
Thia paper analyzes U.S. monetary-financial policy in the period leading up to the Treasury-Fed Accord. We model policy as an implicit target zone for the price level and an explicit zone for interest rates, and the difficulties on the eve of the Accord as an incipient run on a collapsing...
Persistent link: https://www.econbiz.de/10013211663
Thia paper analyzes U.S. monetary-financial policy in the period leading up to the Treasury-Fed Accord. We model policy as an implicit target zone for the price level and an explicit zone for interest rates, and the difficulties on the eve of the Accord as an incipient run on a collapsing...
Persistent link: https://www.econbiz.de/10012475653
Persistent link: https://www.econbiz.de/10012621394
Persistent link: https://www.econbiz.de/10014320507
The next president of the United States will have to address the country's chronic budget deficits and spiraling debt. Unfortunately, neither candidate has a coherent plan Neither candidate is committed to free trade. Whereas Trump's trade policies will be conditioned by animosity toward China,...
Persistent link: https://www.econbiz.de/10015071023
Persistent link: https://www.econbiz.de/10012700529