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Estimated Effects of the October 1979 Change in Monetary Policy on the 1980 Economy / Ray C* Fair.
- Format:
- Book
- Author/Creator:
- Fair, Ray C*.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w0538.
- NBER working paper series no. w0538
- Language:
- English
- Subjects (All):
- Monetary policy--United States.
- Monetary policy.
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 1980.
- Cambridge, Mass. : National Bureau of Economic Research, 1980.
- Summary:
- On October 6. 1979, the Federal Reserve announced what most people interpreted as a change in monetary policy. The purpose of this paper is to estimate the effects of this change on the 1980-81 economy. The effects of the change are estimated from simulations with my model of the U.S. economy (1976, 1980b).
- Notes:
- Print version record
- August 1980.
- Includes bibliographical references.
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