Perhaps the FOMC did what it said it did : an alternative interpretation of the Great Inflation

This paper uses real-time briefing forecasts prepared for the Federal Open Market Committee (FOMC) to provide estimates of historical changes in the design of US monetary policy an in the implied central bank target for inflation. Empirical results and FOMC transcripts support a neglected interpretation of policy during the Great inflation of the 1970’s

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Year of publication:	2005
Authors:	Kozicki, Sharon ; Tinsley, P.A.
Institutions:	Federal Reserve Bank of Kansas City
Subject:	Federal Open Market Committee

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Extent:	application/pdf
Series:	Research Working Paper.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number RWP 05-04
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005410695