Can the Fed Control Real Interest Rates?

Robert J. Shiller
Published Date
Copyright 1980
ISBN 0226251349
Rational Expectations and Economic Policy
Book: Rational Expectations and Economic Policy
Book editor: Stanley Fischer
PUBLISHER: University of Chicago Press
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  • Robert J. Shiller, Rational Expectations and Economic Policy (University of Chicago Press, 1980), chap. 4, https://www.nber.org/books-and-chapters/rational-expectations-and-economic-policy/can-fed-control-real-interest-rates.

Published From Paper

Can the Fed Control Real Interest Rates?
- Working Paper
Three hypotheses concerning the controllability of rationally expected real interest rates are examined here. These...

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