Journal Article
Price stability and regional diversity
Abstract: An argument against using short-term monetary policy to alleviate regional economic shocks and an analysis of how regional economic diversity lends strength to the goal of price stability as the Federal Reserve System's sole monetary policy focus.
Keywords: Monetary policy - United States; Regional economics;
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Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Economic Commentary
Publication Date: 1991
Issue: May
Order Number: 1