Lessons from a century of FED policy: why monetary and credit policies need rules and boundaries

DOI10.1016/J.JEDC.2014.09.005zbMATH Open1402.91455OpenAlexW2002541471MaRDI QIDQ1991983FDOQ1991983

Authors: Marvin Goodfriend 

Publication date: 2 November 2018

Published in: Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2014.09.005

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zbMATH Keywords

great inflationBagehot's last resort lending rulecentral bank independence and fiscal policyfederal reserve credit policyfederal reserve historyfinancial crisis of 2007--09

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Economic time series analysis (91B84)

Cites Work

• Title not available (Why is that?)
• Estimation and Control of a Macroeconomic Model with Rational Expectations

Cited In (1)

• MANAGER, WORKER, RENTIER AND GOVERNMENT: MARKOV AND NON-MARKOVIAN PLAY

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