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Recent and proposed changes in the Federal Reserve's monetary control procedures include the shift from a funds rate instrument to a non-borrowed reserve instrument in October 1979, reserve requirement reform embodied in the Monetary Control Act of 1980, and the consideration that has been given...
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Money and credit are key themes of Allan H. Meltzer's ground-breaking work which is celebrated in this outstanding … collection of his essays and papers. Money, Credit and Policy covers the demand for money, the relation of money to output, the … role of credit and debt, regulation of financial institutions, the influence of uncertainty and macroeconomic policy …
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