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Commentary.

Authors :
Smith, Bruce D.
Source :
Review (00149187); May/Jun95, Vol. 77 Issue 3, p78, 5p
Publication Year :
1995

Abstract

Comments on the article `Is There a `Credit Channel' for Monetary Policy,' by R. Glenn Hubbard, published in the May/June 1995 issue of Federal Reserve Bank of Saint Louis' `Review' magazine. Failure of the paper to present a general-equilibrium model of an economy with money, capital and a credit market fraction; Questions on the theoretical aspects of monetary growth models.

Subjects

Subjects :
MONETARY policy
CREDIT

Details

Language :
English
ISSN :
00149187
Volume :
77
Issue :
3
Database :
Complementary Index
Journal :
Review (00149187)
Publication Type :
Academic Journal
Accession number :
9510172778
Full Text :
https://doi.org/10.20955/r.77.78-82