Comment on What Do Money Market Models Tell Us About How to Implement Monetary Policy ?

The article comments on the article "What Do Money Market Models Tell Us About How to Implement Monetary Policy?" by Richard G. Anderson and Robert H. Rasche, published in the November 1982 issue of the "Journal of Money, Credit, and Banking." The article discusses the role of the model for bank loans in determining money and reserves and the influence of interest rate volatility on monetary control. The authors provide a comparison between different models. Several tables and equations are provided to help illustrate the study.