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Why Isn't the Fed's Medicine Working?
New from the Financial Markets Center:
Financial Markets & Society: November 2002
The trouble with Alan Greenspan's handling of the economy goes much deeper
than an ill-timed interest-rate adjustment or inaccurate staff forecast.
It's embedded in the Fed's increasingly antiquated machinery for implementing
monetary policy. In "Rebuilding the Transmission System for Monetary
Policy," Jane D'Arista diagnoses the problem and proposes a modernized policy
mechanism that would enable Greenspan & Co. to deal effectively with asset
bubbles and deflationary pressures alike.
http://www.fmcenter.org/pdf/FMandS1102.pdf
- Thread context:
- AHE 2003 Conf,
Lee, Frederic Sat 30 Nov 2002, 22:59 GMT
- Sibling Rivalry,
Henry C.K. Liu Sat 30 Nov 2002, 20:49 GMT
- economic development syllabus,
David Dequech Sat 30 Nov 2002, 16:47 GMT
- Why Isn't the Fed's Medicine Working?,
Finmktctr Mon 25 Nov 2002, 16:35 GMT
- Consumption Inequality,
helmet4000 Sat 23 Nov 2002, 16:50 GMT
- heterodox econ job ad,
Lee, Frederic Sat 23 Nov 2002, 16:47 GMT
- 8th Vienna Workshop on Optimal Control ...,
Richard Hartl Sat 23 Nov 2002, 16:41 GMT
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