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Author:Friedman, Benjamin M. 

Journal Article
The Minsky cycle in action: but why?

Quarterly Review , Volume 18 , Issue Spr , Pages 37-39

Conference Paper
Using a credit aggregate target to implement monetary policy in the financial environment of the future

Proceedings - Economic Policy Symposium - Jackson Hole

Working Paper
A price target for U.S. monetary policy? Lessons from the experience with money growth targets

The cutting edge of recent efforts to reshape monetary policy in many countries has been to impose a price target on the central bank. This paper examines such a policy in light of the Federal Reserve System's experience with money targeting from the late 1970s through the mid 1980s. The empirical analysis documents the Federal Reserve's initial use and subsequent disregard of money growth targets, and shows that abandoning these targets was a sensible response to the changing mix of shocks affecting the U.S. economy -- specifically, an increase in the relative volatility of money demand ...
Working Paper Series, Macroeconomic Issues , Paper WP-96-14

Journal Article
What remains from the Volcker experiment?

Review , Volume 87 , Issue Mar , Pages 323-328

Conference Paper
The role of interest rates in Federal Reserve policymaking

Conference Series ; [Proceedings] , Volume 45 , Issue Oct , Pages 43-66

Working Paper
Another look at the evidence on money-income casualty

Working Paper Series, Macroeconomic Issues , Paper 90-17

Conference Paper
Changing effects of monetary policy on real economic activity

Proceedings - Economic Policy Symposium - Jackson Hole

Discussion Paper
Regulation Q and the commercial loan market in the 1960's

Staff Studies , Paper 73

Discussion Paper
Credit rationing: a review

Staff Studies , Paper 72

Journal Article
Money, credit, and Federal Reserve Policy : reply to Porter and Offenbacher

An abstract for this article is not available.
Economic Review , Volume 69 , Issue Nov , Pages 30-33

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