The Incredible Volcker Disinflation¶

Goodfriend, & King. (1981). The Incredible Volcker Disinflation. 1981-82.

Type: Journal article
Intellectual base: Primary research
Year: 1981
Pages: 1981-82
DOI: 10.3386/w11562
DOI registrant: National Bureau of Economic Research
Link: https://doi.org/10.3386/w11562

Cited by¶

1 citation across 1 artifact.

Domain-specific¶

Aggregate Supply
- Fed Chairman Paul Volcker raised interest rates sharply (the federal funds rate peaked around 20% in 1981
  
  Supported in partVerified against the work's full text
  
  “the federal funds rate rose to 19% as a result of restrictive monetary policy in conjunction with a strong recovery from the recession”
  From the work's full text.
  
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