The Interest Cost-Push Controversy
8 Pages Posted: 24 Aug 2012
Date Written: 1979
Abstract
Whenever the Fed seeks to fight inflation with restrictive monetary policy, a debate erupts between tight-money proponents and members of the so-called interest cost-push school.
Suggested Citation: Suggested Citation
Humphrey, Thomas M., The Interest Cost-Push Controversy (1979). FRB Richmond Economic Review, Vol. 65, No. 1, January/February 1979, pp. 3-10, Available at SSRN: https://ssrn.com/abstract=2116622
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