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~institution:"Federal Reserve Bank of St. Louis"
~subject:"Federal Reserve System - History"
~subject:"Monetary policy - United States"
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A note on the expectations hypothesis at the founding of the Fed
Kool, Clemens J. M.
;
Thornton, Daniel L.
-
Federal Reserve Bank of St. Louis
-
2003
One of the most influential tests of the expectations hypothesis is Mankiw and Miron (1986), who found that the spread between the long-term and short-term rates provided predictive power for the short-term rate before the Fed's founding but not after. They suggested that the failure of the...
Persistent link: https://www.econbiz.de/10005360552
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Expectations
Poole, William
-
Federal Reserve Bank of St. Louis
-
2000
Presentation at the 22nd Henry Thornton Lecture, City University Business School, London, England - Nov. 28, 2000
Persistent link: https://www.econbiz.de/10005420413
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Expectations
Poole, William
-
Federal Reserve Bank of St. Louis
-
2000
Presentation at the 22nd Henry Thornton Lecture, City University Business School, London, England - Nov. 28, 2000
Persistent link: https://www.econbiz.de/10011185029
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4
Lifting the veil of secrecy from monetary policy: evidence from the Fed's early discount rate policy
Thornton, Daniel L.
-
Federal Reserve Bank of St. Louis
-
1998
Traditionally, monetary policy has been conducted under a veil of secrecy. In its landmark Freedom of Information Act case, the Federal Reserve argued that it needed to delay the disclosure of its policy decision, claiming that immediate disclosure would cause the market to overreact or react in...
Persistent link: https://www.econbiz.de/10005707750
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