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dc.contributor.authorLucia, JL
dc.date.accessioned2014-04-24T15:49:09Z
dc.date.available2014-04-24T15:49:09Z
dc.date.issued1973
dc.identifier.citationJL Lucia, 'Money market strategy or monetary aggregates - analysis of recent federal reserve policy', Economic and Social Research Institute, Economic and Social Review, Vol.5 (Issue 1), 1973, 1973, pp31-45
dc.identifier.issn0012-9984
dc.identifier.urihttp://hdl.handle.net/2262/68970
dc.description.abstractIn recent years the critics o f monetary policy have placed increasing emphasis on the need to control monetary aggregates. This emphasis has resulted from what appears to be a bias on the part of the Federal Reserve in favour ofreducing strains in the money-market which in turn causes the Central Bank to lose control over an important aggregate such as the money supply. If the Federal Reserve attempts, say, to meet an expanded demand for bank credit by increasing bank reserves, it reduces pressure on interest rates (and hence the money-market) but may lead to loss of control over money.
dc.language.isoen
dc.publisherEconomic & Social Studies
dc.relation.ispartofseriesEconomic and Social Review
dc.relation.ispartofseriesVol.5 (Issue 1), 1973
dc.subjectEconomy
dc.subjectIreland
dc.titleMoney market strategy or monetary aggregates - analysis of recent federal reserve policy
dc.typeJournal Article
dc.status.refereedYes
dc.publisher.placeDUBLIN
dc.rights.ecaccessrightsOpenAccess
dc.format.extentpaginationpp31-45


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