Hazards in Implementing a Monetary Conditions Index.

We show that a monetary conditions index in unlikely to be a useful operational policy tool unless numerous assumptions are satisfied by the empirical model from the MCI is dirived.

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Year of publication:	1996
Authors:	Eika, K.H. ; Ericsson, N.R. ; Nymoen, R.
Institutions:	Økonomisk institutt, Universitetet i Oslo
Subject:	MONETARY POLICY \| INFLATION

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Series:	Memorandum.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Memorandum Number 32/1996 31 pages
Classification:	E50 - Monetary Policy, Central Banking and the Supply of Money and Credit. General ; E58 - Central Banks and Their Policies
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005652111