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Author:Broaddus, Alfred 

Journal Article
Central banking—then and now

This article is excerpted from an address given to the Woodrow Wilson Forum sponsored by the Woodrow Wilson Birthplace Foundation, Staunton, Va., April 2, 1993. Marvin Goodfriend, senior vice president and director of research at the Richmond Fed, contributed substantially to the preparation of the article.
The Region , Issue Sep

Journal Article
Financial innovation in the United States - background, current status and prospects

An abstract for this article is not available
Economic Review , Volume 71 , Issue Jan , Pages 2-22

Journal Article
Current developments in banking

The president of the Federal Reserve Bank of Richmond addresses the state of banking in a speech delivered to the Maryland Independent Bankers Association.
Cross Sections , Volume 12 , Issue Spr

Journal Article
Some factors affecting short-run growth rates of the money supply

An abstract for this article is not available
Economic Review , Volume 63 , Issue Nov , Pages 2-18

Journal Article
What assets should the Federal Reserve buy?

Economic Quarterly , Issue Win , Pages 7-22

Journal Article
Current challenges for U.S. monetary policy

Economic Quarterly , Issue Win , Pages 1-6

Working Paper
Monetary policy, bank credit, and total credit : a preliminary analysis

For the last three years, the Federal Open Market Committee has focused greater attention on certain monetary and credit aggregates in specifying its longer-run targets.
Working Paper , Paper 73-02

Journal Article
Base drift and the longer run growth of M1 : experience from a decade of monetary targeting

The Federal Reserve has been announcing target ranges for the growth of M1 and other monetary aggregates since 1975. In Base Drift and the Longer Run Growth of M1: Experience from a Decade of Monetary Targeting, Alfred Broaddus and Marvin Goodfriend discuss a technical aspect of the Feds monetary targeting procedure known as base drift. Base drift refers to the Feds practice of using the actual dollar level of an aggregate in the base quarter as the base level for the target range, rather than the midpoint of the targeted range set in the preceding period. Broaddus and Goodfriend estimate the ...
Economic Review , Volume 70 , Issue Nov , Pages 3-14

Journal Article
Noteworthy : Guns and butter

Econ Focus , Volume 7 , Issue Sum , Pages 1

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