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This paper develops an analytical framework for the analysis of targeting rules for monetary policy. We derive the optimal money supply rule and analyze the implications of other monetary rules including rules that target nominal GNP, the price level, the monetary growth rate and the...
Persistent link: https://www.econbiz.de/10012477194
This paper develops an analytical framework for the analysis of targeting rules for monetary policy. We derive the optimal money supply rule and analyze the implications of other monetary rules including rules that target nominal GNP, the price level, the monetary growth rate and the...
Persistent link: https://www.econbiz.de/10013215376
Persistent link: https://www.econbiz.de/10010440703
countries with an alternative form of liquidity management against foreign shocks when traditional reserves are committed to …
Persistent link: https://www.econbiz.de/10013044618
countries with an alternative form of liquidity management against foreign shocks when traditional reserves are committed to …
Persistent link: https://www.econbiz.de/10012458019
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