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...

詳細記述

書誌詳細
第一著者: Berg, Andrew
その他の著者: Portillo, Rafael, Unsal, Filiz
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2010.
シリーズ:IMF Working Papers; Working Paper ; No. 2010/134
オンライン・アクセス:Full text available on IMF