Discount Window Borrowing, Monetary Policy, and the Post-October 6, 1979, Federal Reserve Operating Procedure
26 Pages Posted: 24 Aug 2012
Date Written: September 1, 1981
Abstract
This paper is intended to be an analysis of discount window borrowing as it relates to more general issues of monetary control. The topic deserves a new look because of the central role of discount window borrowing under the post-October 6, 1979 "reserve targeting" operating strategy.
Suggested Citation: Suggested Citation
Goodfriend, Marvin, Discount Window Borrowing, Monetary Policy, and the Post-October 6, 1979, Federal Reserve Operating Procedure (September 1, 1981). FRB Richmond Working Paper No. 81-2, Available at SSRN: https://ssrn.com/abstract=2117888 or http://dx.doi.org/10.2139/ssrn.2117888
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