Download This PaperInterest Rate Policy and the Inflation Scare Problem: 1979-1992
23 Pages Posted: 9 Nov 2012
Date Written: 1993
Abstract
Institutional knowledge of Federal Reserve policy procedures, simple economic theory, and the inflation scare concept explain interest rate policy as practiced by the Fed since 1979. The focus is the primary policy problem during the period: the acquisition and maintenance of credibility for the commitment to low inflation.
Suggested Citation: Suggested Citation
Goodfriend, Marvin, Interest Rate Policy and the Inflation Scare Problem: 1979-1992 (1993). FRB Richmond Economic Quarterly, vol. 79, no. 1, Winter 1993, pp. 1-23, Available at SSRN: https://ssrn.com/abstract=2129296
Marvin Goodfriend (Contact Author)
Carnegie Mellon University - David A. Tepper School of Business ( email )
5000 Forbes Avenue
Pittsburgh, PA 15213-3890
United States
Do you have negative results from your research you’d like to share?
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.