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Bank of Canada RSS Feedsen2024-03-28T14:25:03+00:00The Federal Reserve's Dual Mandate: A Time-Varying Monetary Policy Priority Index for the United States
https://www.bankofcanada.ca/2006/04/working-paper-2006-11/
In the United States, the Federal Reserve has a dual mandate of promoting stable inflation and maximum employment. Since the Fed directly controls only one instrument - the federal funds rate - the authors argue that the Fed's priorities continuously alternate between inflation and economic activity.2006-04-01T11:45:22+00:00enThe Federal Reserve's Dual Mandate: A Time-Varying Monetary Policy Priority Index for the United States2006-04-01Econometric and statistical methodsMonetary policy frameworkMonetary policy implementationWorking Paper 2006-11 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp06-11.pdfThe Federal Reserve’s Dual Mandate: A Time-Varying Monetary Policy Priority Index for the United StatesRené LalondeNicolas ParentApril 2006CC2C22C5C52EE5E52