Fed in Print
All Title Author Abstract Keywords
Bank Series Content Type Author JEL Classification Keyword

Journal Article

The benefits of interest rate targeting: a partial and a general equilibrium analysis


Abstract: An argument that an interest rate peg is desirable because it mitigates the distortions that arise in a monetary economy, and that money growth should be procyclical in order to achieve the interest rate peg.

Access Documents

File(s): File format is text/html http://www.clevelandfed.org/Research/Review/1996/96-q2-carlstrom.pdf

File(s): https://fraser.stlouisfed.org/scribd/?toc_id=345716&filepath=/docs/publications/frbclevreview/rev_frbclev_1996q2.pdf&start_page=3#scribd-open

Authors

Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Part of Series: Economic Review

Publication Date: 1996

Issue: Q II

Pages: 2-14