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...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Berg, Andrew
مؤلفون آخرون: Portillo, Rafael, Unsal, Filiz
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2010.
سلاسل:IMF Working Papers; Working Paper ; No. 2010/134
الوصول للمادة أونلاين:Full text available on IMF

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