The Formulation of Monetary Policy A Reassessment in the Light of Recent Experience
This paper reassesses, in the light of recent experience, the formulation of monetary policy in terms of targets for monetary aggregates in the major countries. A number of difficulties which have arisen are discussed: instability of the money-income relationship; constraints created by fiscal imbal...
| Main Author: | |
|---|---|
| Other Authors: | |
| Format: | eBook Section |
| Language: | Inglés |
| Published: |
Paris :
OECD Publishing
1986.
|
| Series: | OECD Economics Department Working Papers,
no.32. |
| Subjects: | |
| See on Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009706683306719 |
