The Andersen-Jordan Approach After Nearly 20 Years

Jerry Lee Jordan

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Monetary Policy and Economic Impact Economic Theory and Policy Economic theories and models

Abstract

Jerry L. Jordan describes the theoretical and policy-related issues of the late 1960s that led him and Leonall C. Andersen to develop what is now called the Andersen-Jordan approach. First, they viewed their research as a sequel to work by Friedman-Meiselman, Brunner-Meltzer, and others who had demonstrated the general potence of monetary policy actions.

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