Chappell, Henry W.; Havrilesky, Thomas M.; McGregor, Rob Roy - In: The Review of Economics and Statistics 79 (2000) 3, pp. 454-460
The Memoranda of Discussion provide detailed records of Federal Open Market Committee (FOMC) meeting deliberations. Procedures are developed for coding the textual data in the Memoranda and assessing the reliability of those codings. The codings are then used in the estimation of parameters of...