English, Article, Journal or magazine article edition: Monetary Policy in the Wake of Financial Liberalisation Adrian Blundell-Wignall; Frank Browne; Paolo Manasse

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/135624
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Monetary Policy in the Wake of Financial Liberalisation
Author
  • Adrian Blundell-Wignall
  • Frank Browne
  • Paolo Manasse
Physical Description
  • preprint
Notes
  • The paper examines evidence concerning the impact of financial liberalisation and innovation on monetary policy. The indicator value of monetary aggregates and the role of liquidity constraints in the transmission mechanism affecting aggregate demand are examined. Countries where financial liberalisation has led to problems with the role of monetary aggregates in general also display evidence of a reduced role for liquidity constraints in aggregate demand behaviour. The ability of the authorities to influence market-determined interest rates, a key aspect of monetary transmission in markets where liquidity constraints are not binding, is also examined ... Le présent document met en évidence les implications de la libéralisation et de l'innovation financières pour la politique monétaire. Les indicateurs d'agrégats monétaires et le rôle des contraintes de liquidité dans les mécanismes de transmission affectant la demande globale y sont examinés. En général, dans les pays où le processus de libéralisation financière a soulevé le problème du rôle des agrégats monétaires, des signes révélateurs d'une réduction de l'influence des contraintes de liquidité sur la demande globale sont également perceptibles. La capacité des autorités à influencer les taux de marché, qui représente un aspect majeur du mécanisme de transmission sur des marchés d'où les contraintes de liquidité peuvent être exclues, est également analysée ...
  • RePEc:oec:ecoaaa:77-en
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment