Working Paper
Alternative optimal open market strategies : a classical optimization certainty equivalence approach
Abstract: The Federal Reserve System has historically been criticized for placing too much emphasis on insuring the short-run stability of financial markets and too little emphasis on real sector goals.
Keywords: Open market operations; Monetary policy;
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Bibliographic Information
Provider: Federal Reserve Bank of Richmond
Part of Series: Working Paper
Publication Date: 1974
Number: 74-02