The October 1979 Regime of Monetary Control and the Behavior of the Money Supply in 1980
13 Pages Posted: 24 Aug 2012
Date Written: 1982
Abstract
In October 1979, the Federal Reserve System instituted a regime of monetary control characterized by lagged-reserve accounting and a nonborrowed-reserves operating target.
Suggested Citation: Suggested Citation
Hetzel, Robert L., The October 1979 Regime of Monetary Control and the Behavior of the Money Supply in 1980 (1982). FRB Richmond Economic Review, Vol. 68, No. 4, July/August 1982, pp. 3-15, Available at SSRN: https://ssrn.com/abstract=2119997
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