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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Quintyn, Marc
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 1991.
Sraith:IMF Working Papers; Working Paper ; No. 1991/033
Rochtain ar líne:Full text available on IMF