An independent committee setup in 1973 by Professor Karl Brunner and Professor Allan Meltzer with the aim of appraising policies made by Federal Reserve's Open Market Committee (FOMC). This includes monetary and fiscal policies like tax and international trade policies.

Related information about Shadow Open Market Committee (SOMC):

1. Shadow Open Market Committee - Wikipedia, the free encyclopedia
   The Shadow Open Market Committee (SOMC) is an independent, monetarist economic analysis committee founded in 1973 by Profs. Karl Brunner, from the ...
    
2. ShadowFed | Official Site of the Shadow Open Market Committee
   The Shadow Open Market Committee (SOMC) is an independent economic analysis committee founded in 1973 by Profs. Karl Brunner, from the University of ...
    
3. Shadow Open Market Committee - somc - default - Claremont ...
   The Shadow Open Market Committee (SOMC) was founded by Prof. Karl Brunner of the University of Rochester and Prof. Allan Meltzer of Carnegie-Mellon ...
    
4. Shadow Open Market Committee (SOMC) Definition | Investopedia
   A committee created by two university professors, from Rochester and Carnegie Mellon, in the early 1970's. The committees purpose is to evaluate the policy ...
    
5. Shadow Open Market Committee (SOMC) - InvestingAnswers
   We explain the definition of Shadow Open Market Committee, provide a clear example of how it works and explain why it's an important concept in business, ...
    
6. What is Shadow Open Market Committee (SOMC)? definition and ...
   Definition of Shadow Open Market Committee (SOMC): An independent committee setup in 1973 by Professor Karl Brunner and Professor Allan Meltzer with the ...
    
7. Shadow Open Market Committee Policy Statement and Position ...
   The Shadow Open Market Committee (SOMC), an independent organization with members from academic institutions and private organizations, was founded ...
    
8. Shadow Open Market Committee : Simon Graduate School of ...
   The Shadow Open Market Committee (SOMC) was founded by Karl Brunner of the University of Rochester and Allan Meltzer of Carnegie-Mellon University.