The ECB's Monetary Analysis Revisited /

Monetary aggregates continue to play an important role in the ECB's policy strategy. This paper revisits the case for money, surveying the ongoing theoretical and empirical debate. The key conclusion is that an exclusive focus on non-monetary factors alone may leave the ECB with an incomplete p...

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Bibliographic Details
Main Author: Berger, Helge
Other Authors: Harjes, Thomas, Stavrev, Emil
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2008.
Series:IMF Working Papers; Working Paper ; No. 2008/171
Online Access:Full text available on IMF