Friedman, Benjamin M. - In: Handbook of monetary economics : volume 2, (pp. 1185-1230). 1990
examined in the chapter. It is a fact that what most people mean by money in discussions of monetary policy is not a plausible … market economies. Hence, money is at best an intermediate target of monetary policy. The chapter discusses the implications … of alternative monetary policy frameworks for the information available to the economy's private sector, the positive …