Archives - 1975

September 12, 1975 – Washington, D.C.

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  • SOMC Policy Statement Summary
  • Policy Statement

Position Papers

Monetary Policy, Economic Policy and Inflation
by Karl Brunner, Universtiy of Rochester and Universitat Bern

Implications of Possible Monetary Groth Targets
by A. James Meigs, Claremont Men’s College

Implications of Possible Monetary Groth Targets, Revised 9/10/75
by A. James Meigs, Claremont Men’s College

Comments on the Rate of Inflation and the Real Rate of Interest from 1961 to 1975
by Allan H. Meltzer

Fed Foreign Exchange Intervention: Some Questions
by Wilson E. Schmidt, Virginia Polytechnic Institute and State University

Comments on Future Fiscal Actions and Budget Developments
by Robert H. Rasche, Michigan State University

The Uselessness of Full Employment Budget Concepts as Indicators of Recent Changes in Fiscal Policy and as Forecasts of Future Federal Expenditure Capacity
by Robert H. Rasche, Michigan State University

March 7, 1975 – Washington, D.C.

Click here to download all event materials in PDF

  • SOMC Policy Statement Summary
  • Policy Statement

Position Papers

Monetary Policy and the Economic Decline
by Karl Brunner, Universtiy of Rochester and Universitat Bern

Monetary Policy and the Economic Decline, Revised 3/5/75
by Karl Brunner, Universtiy of Rochester and Universitat Bern

Quest for a Stabilizing Monetary Policy
by Beryl W. Sprinkel, Harris Trust and Savings Bank

Proposal for a Federal Reserve Annual Monetary Plan
by Beryl W. Sprinkel, Harris Trust and Savings Bank

Economic Prospects Through 1975
by Robert J. Genetski, Harris Bank

(Revised) The Real Oil Crisis
by Wilson E. Schmidt, Virginia Polytechnic Institute and State University

The Case Against Credit Allocations
by Thomas Mayer, University of California, Davis

Comments on Future Fiscal Policy Actions
by Robert H. Rasche, Michigan State University