DEĞİRMEN, Süleyman - In: Ekonomik Yaklasim 11 (2000) 39, pp. 69-86
In the past the long run objective of monetary policy was a balanced budget, but more recently it has focussed on price stability. Price level stabilization had many proponents during the 1920s and 1930s and continues to have advocates today. The central banks of the US, New Zealand, Germany,...