It's Not Your Mother and Father's Monetary Policy Anymore: The Federal Reserve and Financial Crisis
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- It's Not Your Mother and Father's Monetary Policy Anymore: The Federal Reserve and Financial Crisis
- Reserve Bank
Andrew T. Hill and William C. Wood provide an overview of the tools used by the Fed to provide financial crisis relief. In the article, they compare the traditional tools of monetary policy with those initiated during the recent financial crisis, presenting teaching suggestions that will help to explain these initiatives in the classroom.
The Federal Reserve System
|financial crisis, monetary policy|