Board of Governors of the Federal Reserve System

Finance and Economics Discussion Series Federal Reserve Board, Washington, D.C. ISSN 1936-2854 (Print) ISSN 2767-3898 (Online) Decentralized Finance

responses to the Open Mar- ket Desk’s Survey of Primary Dealers and Survey

response to trade shocks. We build and estimate a general equilibrium,...response to different sets of shocks to the response of the same model

responses Respondent 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 2(a) B B B

response. Debt-deleveraging dynamics and disinflationary pressures have...crisis may have been larger than the programs announced later in the recovery

Appendix A BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM WASHINOTON, D C 20551 CONFIDENTIAL (FR) May 16, 1972 To: Federal Open Market Committee

responses that directly or indirectly take into account the interconnected...responses, however, policymakers are confronted with an inconvenient truth

pre-crisis level, after a long period of remaining at elevated levels....response, the Federal Reserve raised interest rates, which in turn led

crisis that pushes the economy back into recession and potentially into...response, 10-year Treasury yields and BBB corporate bond yields jump,

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