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~isPartOf:"Review / Federal Reserve Bank of St. Louis"
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1
The dual mandate: has the Fed changed its objective?
Thornton, Daniel L.
- In:
Review
(
2012
)
Mar
,
pp. 117-134
The Federal Reserve is said to have a dual mandate of price stability and full employment. While the Fed has mentioned price stability as one of its primary goals, it has been reluctant to mention employment as a separate policy objective, preferring instead to state that maximum employment...
Persistent link: https://www.econbiz.de/10011026883
Saved in:
2
A look inside two central banks: the European Central Bank and the Federal Reserve
Pollard, Patricia S.
- In:
Review
(
2003
)
Jan
,
pp. 11-30
In 1998 the European Central Bank (ECB) became the world’s 173rd central bank. The Eurosystem, with its structure of national central banks and the ECB, is similar to the Federal Reserve System, with its District Banks and Board of Governors. However, important differences exist in the way the...
Persistent link: https://www.econbiz.de/10005519761
Saved in:
3
Understanding the Fed
Poole, William
- In:
Review
(
2007
)
Jan
,
pp. 3-14
This article was originally presented as a speech at the Dyer County Chamber of Commerce Annual Membership Luncheon, Dyersburg, Tennessee, August 31, 2006.
Persistent link: https://www.econbiz.de/10005415282
Saved in:
4
Independence + accountability: why the Fed is a well-designed central bank
Waller, Christopher J.
- In:
Review
(
2011
)
Sep
,
pp. 293-302
In 1913, Congress purposefully created the Federal Reserve as an independent central bank, which created a fundamental tension: how to ensure the Fed remains accountable to the electorate without losing its independence. Over the years, there have been changes in the Fed’s structure to improve...
Persistent link: https://www.econbiz.de/10009292970
Saved in:
5
Monetary policy on the 75th anniversary of the Federal Reserve System: summary of conference proceedings
Belongia, Michael T.
- In:
Review
(
1990
)
Sep
,
pp. 59-65
Persistent link: https://www.econbiz.de/10005519635
Saved in:
6
The changing role of the Federal Reserve
Schultz, Frederick H.
- In:
Review
(
2005
)
Mar
,
pp. 343-348
Persistent link: https://www.econbiz.de/10005519652
Saved in:
7
The misuse of the Fed's discount window
Schwartz, Anna J.
- In:
Review
(
1992
)
Sep
,
pp. 58-69
Persistent link: https://www.econbiz.de/10005724907
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8
The effectiveness of unconventional monetary policy: the term auction facility
Thornton, Daniel L.
- In:
Review
(
2011
)
Nov
,
pp. 439-454
This paper investigates the effectiveness of one of the Federal Reserve’s unconventional monetary policy tools, the term auction facility (TAF). At issue is whether the TAF reduced the spread between the London interbank offered rate (LIBOR) rates and equivalent-term Treasury rates by reducing...
Persistent link: https://www.econbiz.de/10009364685
Saved in:
9
Forecasting inflation and growth: do private forecasts match those of policymakers?
Gavin, William T.
;
Mandal, Rachel J.
- In:
Review
(
2001
)
May
,
pp. 11-20
Federal Open Market Committee (FOMC) projections are important because they provide information for evaluating current monetary policy intentions and because they indicate what FOMC members think will be the likely consequence of their policies. Knowing the Fed’s objectives, their forecasts,...
Persistent link: https://www.econbiz.de/10010726977
Saved in:
10
Additional empirical evidence on the reverse-causation argument
Andersen, Leonall C.
- In:
Review
(
1969
)
August
,
pp. 19-23
Persistent link: https://www.econbiz.de/10010726978
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