Abstract

The Journal of FinanceVolume 24, Issue 2 p. 265-290 Session Topic: Financial Model Building and Federal Reserve Policy THE CHANNELS OF MONETARY POLICY: A FURTHER REPORT ON THE FEDERAL RESERVE—M.I.T. MODEL Frank de Leeuw, Frank de LeeuwSearch for more papers by this authorEdward M. Gramlich, Edward M. Gramlich Federal Reserve Board of Governors. While we take full responsibility for statements in this paper, we stress that credit for the ideas it contains belongs to the entire Federal Reserve-M.I.T. group of which we are only two members. Franco Modigliani, Albert Ando, Charles Bischoff, George de Menil, Dwight Jaffee, and Enid Miller have made especially important contributions to the results reported here; many others have made important contributions to other aspects of the model.Search for more papers by this author Frank de Leeuw, Frank de LeeuwSearch for more papers by this authorEdward M. Gramlich, Edward M. Gramlich Federal Reserve Board of Governors. While we take full responsibility for statements in this paper, we stress that credit for the ideas it contains belongs to the entire Federal Reserve-M.I.T. group of which we are only two members. Franco Modigliani, Albert Ando, Charles Bischoff, George de Menil, Dwight Jaffee, and Enid Miller have made especially important contributions to the results reported here; many others have made important contributions to other aspects of the model.Search for more papers by this author First published: May 1969 https://doi.org/10.1111/j.1540-6261.1969.tb01681.xCitations: 4 Read the full textAboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Share a linkShare onFacebookTwitterLinkedInRedditWechat Citing Literature Volume24, Issue2May 1969Pages 265-290 RelatedInformation

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