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Alternative optimal open market strategies : a classical optimization certainty equivalence approach
Crews, Joseph M. - Federal Reserve Bank of Richmond - 1974
The Federal Reserve System has historically been criticized for placing too much emphasis on insuring the short-run stability of financial markets and too little emphasis on real sector goals.
Persistent link: https://www.econbiz.de/10004993885
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Alternative reserve concepts as operating targets in monetary policy implementation : specifications of the structural model
Picou, Glenn C.; Crews, Joseph M. - Federal Reserve Bank of Richmond - 1974
Monetary policy is concerned with the ultimate goals of price stability, full employment, and economic growth, and with the short-run stability of financial markets.
Persistent link: https://www.econbiz.de/10004993944