On the scope of Dutch monetary policy

The performance of the Netherlands central bank and its monetary policy in the face of its inability to control monetary supply is analysed through a structural model. Findings show that the monetary policy that the Dutch bank has adopted, considering the above constraint, should be fairly effective especially if there is a perfect substitutability between domestic and foreign assets. This fact, however, has not been clearly established.

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Year of publication:	1995
Authors:	KUIPERS, S.K. ; STERKEN, E.
Published in:	Banca Nazionale del Lavoro Quarterly Review. - Banca Nazionale del Lavoro. - Vol. 48.1995, 193, p. 173-187
Publisher:	Banca Nazionale del Lavoro
Subject:	Netherlands \| Central banks \| Monetary policy \| Money supply

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Extent:	application/pdf
Type of publication:	Article
Classification:	E52 - Monetary Policy (Targets, Instruments, and Effects)
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010765243