Search Results
Journal Article
Determinants of the federal funds rate: 1979-1982
On October 6, 1979 the Federal Reserve, in an effort to improve monetary control, changed its operating procedures to give greater emphasis to managing the growth of bank reserves. Some movements in the federal funds rate under the new procedures were an automatic response to deviations of the money stock from its short-run target. Most, however, resulted from judgmental actions by the Federal Reserve.
Monograph
Treasury bills
Journal Article
Treasury bill versus private money market yield curves
An abstract for this article is not available
Working Paper
Determinants of the spread between Treasury bill and private sector money market rates
The purpose of this paper is to explore the reasons underlying the variable and sometimes very large differentials between United States Treasury bill rates and private sector U.S. money market rates of comparable maturity.
Journal Article
The residential mortgage market in recent years
Journal Article
Determinants of individual tax-exempt bond yields : a survey of the evidence
An abstract for this article is not available.
Journal Article
Net corporate saving in the 1970's
An abstract for this article is not available.
Journal Article
Average costs of money market mutual funds
An abstract for this article is not available
Journal Article
The 1983 M1 seasonal factor revisions : an illustration of problems that may arise in using seasonally adjusted data for policy purposes
Most Economists agree that the monetary aggregate targeted by the Fed should be measured in seasonally adjusted form so that predictable seasonal movements in the money stock are not transmitted unnecessarily to interest rates. However, seasonal adjustment procedures are far from perfect and can distort the true movement of a variable or even impact an artificial seasonality where none exists. In his article, The 1983 M1 Seasonal Factor Revisions: An Illustration of Problems That May Arise in Using Seasonally Adjusted Data for Policy Purposes, Timothy Q. Cook contends that seasonal adjustment ...
Journal Article
The relationship between the discount rate and the federal funds rate under the Federal Reserve's post-October 6th 1979 operating procedure
An abstract for this article is not available.