Regaining the Great Moderation

descriptionPublicationkeyboard_double_arrow_right Article , Other literature type 01 Jan 2011 English Publisher:Elsevier BVJournal:SSRN Electronic Journal (eissn: 1556-5068,

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Authors: Russ Abbott;

doi: 10.2139/ssrn.1977688

Regaining the Great Moderation

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Abstract

This is an op-ed style recommendation to give the FED the authority to establish a surcharge/rebate on commercial transactions. This would provideus with a direct mechanism to stimulate or restrain aggregate demand.

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California State University Los Angeles
United States

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