The Conduct of Monetary Policy in the Major industrial Countries : Instruments and Operations Procedures: Occa Paper No.70.

This paper discusses instruments and operating procedures of the conduct of monetary policy in the major industrial countries. The exchange rate mechanism of the European Monetary System (EMS) provides clear evidence of the role of exchange rates in influencing monetary policy; the commitment of EMS...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1990.
Series:Occasional Papers; Occasional Paper ; No. 1990/005
Online Access:Full text available on IMF