On the Optimal Adherence to Money Targets in a New-Keynesian Framework : An Application to Low-Income Countries /

Many low-income countries continue to describe their monetary policy framework in terms of targets on monetary aggregates. This contrasts with most modern discussions of monetary policy, and with most practice. We extend the new-Keynesian model to provide a role for 'M' in the conduct of m...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Berg, Andrew
अन्य लेखक: Portillo, Rafael, Unsal, Filiz
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2010.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2010/134
ऑनलाइन पहुंच:Full text available on IMF