Gateway to Think Tanks
来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w29762 |
来源ID | Working Paper 29762 |
The Federal Funds Market, Pre- and Post-2008 | |
Eric T. Swanson | |
发表日期 | 2022-02-21 |
出版年 | 2022 |
语种 | 英语 |
摘要 | This chapter provides an overview of the federal funds market and how the equilibrium federal fund rate is determined. I devote particular attention to comparing and contrasting the federal funds market before and after 2008, since there were several dramatic changes around that time that completely changed the market and the way in which the equilibrium federal funds rate is determined. The size of this structural break is arguably as large and important as the period of reserves targeting under Fed Chairman Paul Volcker from 1979–82. Finally, I discuss the relationship between the federal funds rate and other short-term interest rates in the U.S. and the outlook for the federal funds market going forward. |
主题 | Macroeconomics ; Money and Interest Rates ; Monetary Policy |
URL | https://www.nber.org/papers/w29762 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/587436 |
推荐引用方式 GB/T 7714 | Eric T. Swanson. The Federal Funds Market, Pre- and Post-2008. 2022. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w29762.pdf(281KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
个性服务 |
推荐该条目 |
保存到收藏夹 |
导出为Endnote文件 |
谷歌学术 |
谷歌学术中相似的文章 |
[Eric T. Swanson]的文章 |
百度学术 |
百度学术中相似的文章 |
[Eric T. Swanson]的文章 |
必应学术 |
必应学术中相似的文章 |
[Eric T. Swanson]的文章 |
相关权益政策 |
暂无数据 |
收藏/分享 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。