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...
Main Author: | |
---|---|
Other Authors: | |
Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
1994.
|
Series: | IMF Working Papers; Working Paper ;
No. 1994/061 |
Online Access: | Full text available on IMF |