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Central Banking and Money Market Changes

Hyman P. Minsky
The Quarterly Journal of Economics
Vol. 71, No. 2 (May, 1957), pp. 171-187
Published by: Oxford University Press
Stable URL: http://www.jstor.org/stable/1883812
Page Count: 17
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Central Banking and Money Market Changes
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Abstract

Introduction, 171.--II. Two recent institutional changes, 173; the federal funds market, 173; the financing of government bond houses: sale and repurchase agreements with nonfinancial corporations, 176.--III. Implications of these changes for monetary policy, 181.--IV. Implications of the expectation that institutions will change, 185.

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