Economic Planning

Economic Planning

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It is difficult to assess how the financial markets re- ac* to a Fed policy since participants can only guess at what actions the Fed is taking. ... in the Federal funds market), financial institutions could capitalize on the relatively low discount rate to generate profits. ... Test of Reaction to Discount Rate Adjustments By examining the foreign exchange market before and after each of the ... OF FOREIGN EXCHANGE MARKETS DISCOUNT RATE ADJUSTMENTS (Stan Atkinson and Jeff Madura)

Title:Economic Planning
Publisher: - 1980


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