Keister, Todd; Martin, Antoine; McAndrews, James - London School of Economics and Political Science - 2008
alter that amount.” In fact, the very termmonetary policy suggests a central bank’s policy toward thesupply of money or the …Monetary policy has traditionally been viewed as theprocess by which a central bank uses its influence overthe supply … of money to promote its economic objectives. Forexample, Milton Friedman (1959, p. 24) defined the tools ofmonetary …