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MONETARY POLICY AND LONG‐TERM INTEREST RATES: A SURVEY OF EMPIRICAL LITERATURE
This paper surveys recent empirical literature on effects of monetary policy on long-term interest rates. Most studies reviewed here suggest that tightening monetary policy results in higherExpand
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The political and institutional independence of U.S. monetary policy
The work deals with the institutional arrangements underlying the decision-making process for U.S. monetary policy. The primary focus of analysis is on the central bank’s political and institutionalExpand
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Monetary policy goals and central bank independence
During recent years a strong body of academic literature has argued that central bank independence (CBI) is necessary in order to achieve and maintain low inflation. This appears to support the viewExpand
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The supply side consequences of U.S. fiscal policy in the 1980s
Fiscal policy changes in the 1980s had several possible implications for the long-run performance of the U.S. economy. The authors review the impact of tax reductions on saving, investment, and workExpand
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Quantitation of pharmacologically‐induced penile erections: the value of radionuclide phallography in the objective evaluation of erectile haemodynamics
This study combines the pharmacologically-induced penile erection (PIPE) technique with radionuclide phallography (RNP) for the non-invasive study of penile haemodynamic changes during erection.Expand
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