TY - JOUR AU - Fair,Ray C* TI - Estimated Effects of the October 1979 Change in Monetary Policy on the 1980 Economy JF - National Bureau of Economic Research Working Paper Series VL - No. 538 PY - 1980 Y2 - August 1980 UR - http://www.nber.org/papers/w0538 L1 - http://www.nber.org/papers/w0538.pdf N1 - Author contact info: Ray C. Fair Cowles Foundation P.O. Box 208281 Yale University New Haven, CT 06520-8281 E-Mail: ray.fair@yale.edu AB - On October 6. 1979, the Federal Reserve announced what most people interpreted as a change in monetary policy. The purpose of this paper is to estimate the effects of this change on the 1980-81 economy. The effects of the change are estimated from simulations with my model of the U.S. economy (1976, 1980b). ER -