Issues Concerning Nominal Anchors for Monetary Policy /

This paper presents a selective survey of issues relevant to the choice of nominal anchors for monetary policy. Section I reviews long price-level histories for the United Kingdom and United States, which reveal that the price level behaved very differently following WWII in these countries than it...

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Hlavní autor: Mussa, Michael
Další autoři: Flood, Robert
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 1994.
Edice:IMF Working Papers; Working Paper ; No. 1994/061
On-line přístup:Full text available on IMF