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A Partial Equilibrium Analysis of Current US Monetary Policy with a Prediction

Elliott Middleton

No ve3uw, SocArXiv from Center for Open Science

Abstract: A partial equilibrium analysis of US credit markets reveals that the Federal Reserve System’s current mechanism for raising short-term interest rates has placed the US short-term markets in a position that is far from apparent equilibria achieved over the postwar period.

Date: 2018-11-16
New Economics Papers: this item is included in nep-cba, nep-mac and nep-mon
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Persistent link: https://EconPapers.repec.org/RePEc:osf:socarx:ve3uw

DOI: 10.31219/osf.io/ve3uw

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