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INTERNET RESOURCES:
Chapter 30: Monetary
Policy
Web assignments:
- A Case for Independence
- Minutes of the Federal Open
Market Committee
- Establishing Federal Reserve
Inflation Goals
Web materials related to topics discussed in Chapter 30
- An
anti-inflationary policy is a pro-growth policy (by
Arthur Rolnick)
- This article, written by the Senior Vice Preseident
and Director of Research at the Minneapolis Fed, argues
that a policy of maintaining price stability is essential
for maintaining economic growth.
- Federal
Reserve District Banks
- Links to the home page of each of the Federal Reserve
District Banks.
- A
Federal Reserve View on Credibility in Monetary Policy
and Bank Supervision (by Jack Guynn)
- A discussion by the President of the Atlanta Fed on
the need for credibility in monetary policy. While the
discussion is focues primarily on the problems of central
banking in Latin American countries, the same issues
appear in the U.S. as well.
- Inflation
Forecasts: How Good Are They?
- A discussion of the forecast accuracy of surveys of
professional forecasters.
- The
Livingston Survey
- This page contains the results from a survey of
economists' expectations about output, unemployment, and
inflation. The survey was begun by Joseph A. Livingston
in 1946 and has been conducted by the Philadelphia Fed
since 1990.
- Monetary
Policy Statement by the Chancellor of the Bank of
England
- A statement of the Bank of England's monetary policy
goals.
- Survey
of Professional Forecasters
- A quarterly survey of macroeconomic forecasts begun
in 1968 by the American Statistical Association and the
National Bureau of Economic Research. Since 1990, it has
been conducted by the Philadelphia Fed.
Related resources:
- Other economic resources
- This page contains a set of links to economic
resources that may be of interest to introductory
economics students.
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