Controlling Monetary Aggregates II: The Implementation
Conference Series 9
September 1972
This volume, the ninth in the series, is a timely
sequel to our first proceedings, Controlling Monetary
Aggregates. All papers were presented by persons
from within the Federal Reserve System; discussants
were primarily academicians. The result is, we believe,
a unique examination of some of the important questions
relating to the implementation of policy decisions.
Contents
Entire Proceedings (8.59MB) 
Foreword
Frank E. Morris
RPDs as the Target
Frank E. Morris, with discussion by Deane C. Carson
Money Stock Control
Albert E. Burger, with discussion by James S. Duesenberry
The Problems of the
Open Market Manager
Alan R. Holmes, with discussion by Jack M. Guttentag
Role of Projections and Data Evaluation
with Monetary Aggregates as Policy Targets
Stephen H. Axilrod and Darwin L. Beck, with discussion by Karl Brunner
Some Issues in
Controlling the Stock of Money
James L. Pierce and Thomas D. Thomson, with discussion by John H. Kareken
The Appropriate Time Frame for
Controlling Monetary Aggregates:
The St. Louis Evidence
Leonall C. Andersen and Denis S. Karnosky, with discussion by Benjamin M. Friedman
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