Sinn, Hans-Werner (ed.); Widgrén, Mika (contributor); … - 2004
-reaching, real world experiments in monetary policy to date"-is not assured. Policy makers have been forced to deal with challenges … posed by formulating a uniform monetary policy for countries with asymmetric business cycles and economies in different …, including imperfect labor and product markets, the problem of monetary policy objectives when "one size does not fit all," and …