Results 1 - 2 of 2 for PRIME [Author: Courtenay C. Stone]
Are Monetarists an Endangered Species? - Review
Dallas S. Batten and Courtenay C. Stone investigate the alleged failure of monetarism. They point out that monetarism can be viewed in two ways: as a scientific theory about the impact of monetary pressures on the economy or as a diverse collection of normative propositions about how fast money should grow or what policy actions should be taken.
research.stlouisfed.org/.../publications/review/1983/05/01/are-monetarists-an-endangered-species/
The Fed and the Real Rate of Interest - Review
During its last session, which ended on December 23, 1982, the 97th Congress considered several bills that were intended to achieve “balanced monetary policy.” Each bill proposed that the Federal Reserve focus its policy actions on the level of real interest rates as well as the quantity of money.
research.stlouisfed.org/publications/review/1982/12/01/the-fed-and-the-real-rate-of-interest
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