Results 1 - 2 of 2 for Federal Funds Rate [Author: Richard G. Sheehan]
The Federal Reserve Reaction Function: Does Debt Growth Influence Monetary Policy? - Review
Richard G. Sheehan offers some evidence on the extent to which the Federal Reserve has altered monetary policy in response to federal deficits. The relationships between the deficit, the money stock and interest rates depend on the nature of the deficit and the targeting procedures used by the Federal Reserve.
Does U. S. Money Growth Determine Money Growth in Other Nations? - Review
Richard G. Sheehan reviews the potential relationships between two countries' money growth rates under fixed and flexible exchange rate regimes. A standard model suggests that increases in U.S. money growth should have produced increases in foreign money growth under fixed exchange rates.
research.stlouisfed.org/.../01/01/does-u-s-money-growth-determine-money-growth-in-other-nations/
FILTER PUBLICATION
Review 2 items
FILTER AUTHOR
Richard G. Sheehan 2 items
FILTER COLLECTION
publications 2 items
follow @stlouisfed