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...

Полное описание

Библиографические подробности
Главный автор: Mussa, Michael
Другие авторы: Flood, Robert
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 1994.
Серии:IMF Working Papers; Working Paper ; No. 1994/061
Online-ссылка:Full text available on IMF