Role of research in the policy process-Gramlich

SPEECH - US Federal Reserve governor Edward Gramlich gave a speech on Apr 5, 2001, about the usefulness of private sector research into financial services for helping the Fed measure up and assess how well its laws and regulations are achieving their intended goals. Most recently, research about levels of predatory lending in the subprime mortgage market have led the Fed to propose changes to the Home Ownership and Equity Protection Act.

"Research in the Policy Process"

Remarks by Governor Edward

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