From Direct to Indirect Monetary Policy Instruments : The French Experience Reconsidered /
If not carefully planned, the transition to indirect monetary policy instruments may result in a loss of control. The 1967-71 attempt in France failed because of a misconceived instrument-mix and sequencing. Credit controls, reintroduced in 1972, were only formally abolished in 1987. This paper attr...
| Hoofdauteur: | |
|---|---|
| Formaat: | Tijdschrift |
| Taal: | English |
| Gepubliceerd in: |
Washington, D.C. :
International Monetary Fund,
1991.
|
| Reeks: | IMF Working Papers; Working Paper ;
No. 1991/033 |
| Online toegang: | Full text available on IMF |