Results 1 - 2 of 2 for Federal Funds Rate [Author: Anna J. Schwartz]
The author reviews past monetarist strictures (Shadow Open Market Committee, 1974-1982) and whether current Federal Reserve practice provides a satisfactory response to them.
The Misuse of the Fed's Discount Window - Review
Anna J. Schwartz, a senior research associate at the National Bureau of Economic Research, asks not only whether the Fed's discount window continues to serve any useful function, but also whether its operation may have unintended adverse effects.
research.stlouisfed.org/.../publications/review/1992/09/01/the-misuse-of-the-feds-discount-window
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