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Original Articles

The monetary impulse measure as an explanation for Fed policy

Pages 353-358 | Published online: 06 Oct 2010

References

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  • McCallum , B. T and Hargraves , M. 1995 . “ A monetary impulse measure for medium-term policy analysis ” . In Staff Studies for the World Economic Outlook , 52 – 70 . Washington, DC : International Monetary Fund .
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  • Taylor , J. B. 1993 . Discretion versus policy rules in practice . Carnegie Rochester Conference Series on Public Policy , 39 : 195 – 214 .
  • Taylor , J. B. 1995 . The monetary transmission mechanism: an empirical framework . Journal of Economic Perspectives , 9 : 11 – 26 .
  • Woodford , M. 1994 . “ Nonstandard indicators for monetary policy: can their usefulness be judged from forecasting regressions? ” . In Monetary Policy , Edited by: Mankiw , N. G. 95 – 115 . Chicago : University of Chicago Press .

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