The United States all but abandoned its foreign-exchange-market intervention operations in late 1995, when they proved corrosive to the credibility of the Federal Reserve?s commitment to price stability. We view this decision as the culmination of the evolution of U.S. monetary policy over the past century from a gold standard to a fiat money regime. The abandonment of intervention was necessary to secure monetary policy credibility.Foreign exchange market ; Monetary policy - United States ; Federal Open Market Committee
This dissertation argues that the effectiveness of US monetary policy has been decreasing since the ...
A perspective on the Federal Reserve's policy moves in 1994 to maintain the desired rate of monetary...
Interest rates in the US and in other countries have experienced persistent and generalised declines...
The Federal Reserve abandoned foreign-exchange-market intervention because it conflicted with the Sy...
An argument that the central bank should adopt a policy of price stability based on an explicit obje...
The dollar’s depreciation during the early floating rate period, 1973–1981, was a symptom of the Gre...
An examination of the ability of foreign exchange intervention to signal upcoming changes in monetar...
The dollar’s depreciation during the early floating rate period, 1973 – 1981, was a symptom of the G...
Although the economic performance of the U.S. economy in 1997 was very good, it was troubling in at ...
The paper reviews the major developments of the last three decades: the rise and fall of monetarism ...
A growing number of observers seem to believe that official foreign exchange intervention offers a u...
It is commonly believed that the Federal Reserve targeted money growth directly and allowed greater ...
Historians are quick to end Bretton Woods. Most argue that the postwar monetary system came to an en...
Monetary policy has become difficult to characterize or follow since 2007. A debate as to whether i...
Using a standard monetary policy model, we study how foreign exchange intervention may be used to co...
This dissertation argues that the effectiveness of US monetary policy has been decreasing since the ...
A perspective on the Federal Reserve's policy moves in 1994 to maintain the desired rate of monetary...
Interest rates in the US and in other countries have experienced persistent and generalised declines...
The Federal Reserve abandoned foreign-exchange-market intervention because it conflicted with the Sy...
An argument that the central bank should adopt a policy of price stability based on an explicit obje...
The dollar’s depreciation during the early floating rate period, 1973–1981, was a symptom of the Gre...
An examination of the ability of foreign exchange intervention to signal upcoming changes in monetar...
The dollar’s depreciation during the early floating rate period, 1973 – 1981, was a symptom of the G...
Although the economic performance of the U.S. economy in 1997 was very good, it was troubling in at ...
The paper reviews the major developments of the last three decades: the rise and fall of monetarism ...
A growing number of observers seem to believe that official foreign exchange intervention offers a u...
It is commonly believed that the Federal Reserve targeted money growth directly and allowed greater ...
Historians are quick to end Bretton Woods. Most argue that the postwar monetary system came to an en...
Monetary policy has become difficult to characterize or follow since 2007. A debate as to whether i...
Using a standard monetary policy model, we study how foreign exchange intervention may be used to co...
This dissertation argues that the effectiveness of US monetary policy has been decreasing since the ...
A perspective on the Federal Reserve's policy moves in 1994 to maintain the desired rate of monetary...
Interest rates in the US and in other countries have experienced persistent and generalised declines...