Rural Impacts of Monetary Policy
No hay miniatura disponible
Fecha
Autores
Título de la revista
ISSN de la revista
Título del volumen
Editor
Resumen
Descripción
A multiregional econometric model evaluates the impacts of changes in monetary policy on economic development in metropolitan and nonmetropolitan parts of each of the four principal U S Census regions Regional variations in the adaptation to a change in national monetary policy depend on a specific region's economic structure Nonmetro regions are generally less affected by overall changes in monetary policy than are metro regions Increases in credit to nonmetro regions increase nonmetro economic activity But, the accompanying decrease in metro activity - caused by decreased credit availability - more than offsets the nonmetro gains, and these nonmetro gains tend to dissipate over time