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Since January 1994, the Federal Reserve Board has permitted depository institutions in the United States to implement so-called retail sweep programs. The essence of these programs is computer software that dynamically reclassifies customer deposits between transaction accounts, which are...
Persistent link: https://www.econbiz.de/10005352800
Recently, there has been considerable interest in identifying the exogenous policy actions of the Fed and a number of identification methods have been proposed. This paper deals with one of these, namely, using nonborrowed reserves in a recursive structural vector autoregression(VAR). A number...
Persistent link: https://www.econbiz.de/10005707638
Presentation to the Ozark Chapter of the Society of Financial Service Professionals, Springfield, Mo., Oct. 6, 2004
Persistent link: https://www.econbiz.de/10005526258
Paul Krugman’s essay “Who Was Milton Friedman?” seriously mischaracterizes Friedman’s economics and his legacy. In this paper we provide a rejoinder to Krugman on these issues. In the course of setting the record straight, we provide a self-contained guide to Milton Friedman’s impact...
Persistent link: https://www.econbiz.de/10005490898
Address before the Charlotte Economics Club, Charlotte, N.C., Feb. 25, 2004
Persistent link: https://www.econbiz.de/10005420412
Presentation at the 22nd Henry Thornton Lecture, City University Business School, London, England - Nov. 28, 2000
Persistent link: https://www.econbiz.de/10005420413
Presentation at the Meeting of the Philadelphia Council for Business Economics, Federal Reserve Bank of Philadelphia, Philadelphia - Aug. 6, 1999 ; [See William Poole and Robert H. Rasche, "Perfecting the Market's Knowledge of Monetary Policy," Federal Reserve Bank of St. Louis Working Paper...
Persistent link: https://www.econbiz.de/10005420414
Presentation at the 22nd Henry Thornton Lecture, City University Business School, London, England - Nov. 28, 2000
Persistent link: https://www.econbiz.de/10011185029
Presentation at the Meeting of the Philadelphia Council for Business Economics, Federal Reserve Bank of Philadelphia, Philadelphia - Aug. 6, 1999 ; [See William Poole and Robert H. Rasche, "Perfecting the Market's Knowledge of Monetary Policy," Federal Reserve Bank of St. Louis Working Paper...
Persistent link: https://www.econbiz.de/10011185058
Presentation to the Ozark Chapter of the Society of Financial Service Professionals, Springfield, Mo., Oct. 6, 2004
Persistent link: https://www.econbiz.de/10011185085