The papers and comments in this volume were presented at a conference sponsored by the Federal Reserve Bank of Boston in September of 1973. The conference explored "Credit Allocation Techniques and Monetary Policy" during two days of meetings.

Contents

Entire Proceedings (13MB)

Foreword 
  Frank E. Morris

Monetary Policy and Credit Allocation - The Basic Issues
    Ezra Solomon

Improving Our System of Credit Allocation 
  Sherman J. Maisel

Controlling Lender Behavior: Asset and Liability Restraints
    Maurice Mann and Harris C. Friedman, with discussion by Peter Fortune

Controlling the Terms on Consumer Credit 
  Paul F. Smith, with discussion by Ira P. Kaminow

A Variable Investment Tax Credit 
  Glenn C. Picou and Roger N. Waud

Do We Know Enough to Adopt a Variable Investment Tax Credit? 
  John Lintner

Credit Controls in Western Europe: An Evaluative Review
  Donald R. Hodgman, with discussion by Jacques H. David and Marcus H. Miller

Some Fiscal and Monetary Policy Experiments in Sweden
    Assar Lindbeck, with discussion by Paul A. Samuelson and Gerard M. Brannon