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The Instruments and Operating Procedures for Conducting Monetary Policy in the Group of Five Countries

International Monetary Fund - 1989

This paper examines and compares the instruments and procedures currently employed by the central banks of France, Germany, Japan, the United Kingdom, and the United States for implementing monetary policy in the short run. The analysis indicates that the monetary authorities of these five...

Persistent link: https://www.econbiz.de/10014396489