English, Article, Journal or magazine article edition: The Formulation of Monetary Policy: A Reassessment in the Light of Recent Experience Paul Atkinson; Jean-Claude Chouraqui

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/136155
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • The Formulation of Monetary Policy: A Reassessment in the Light of Recent Experience
Author
  • Paul Atkinson
  • Jean-Claude Chouraqui
Physical Description
  • preprint
Notes
  • This paper reassesses, in the light of recent experience, the formulation of monetary policy in terms of targets for monetary aggregates in the major countries. A number of difficulties which have arisen are discussed: instability of the money-income relationship; constraints created by fiscal imbalances; exchange rate variability, as well as debt problems and threats to banks' solvency. The responses of monetary authorities to these difficulties are described and some possible options for the formulation of monetary policy in the future are considered (including nominal income and exchange rate targeting) ... Ce document réexamine, à la lumière de l'expérience récente, la formulation des politiques monétaires fondée sur l'annonce d'objectifs en termes d'agrégats de monnaie ou de crédit. Il passe en revue un certain nombre de difficultés auxquelles se sont trouvées confrontées les autorités monétaires, à savoir : l'instabilité de la relation entre masse monétaire et revenu national, les contraintes créées par les déséquilibres budgétaires, la variabilité des taux de change ainsi que les problèmes d'endettement et les menaces pesant sur la solvabilité des banques. Le document analyse ensuite la façon dont les autorités monétaires ont réagi à ces difficultés et présente certaines options possibles pour formuler la politique monétaire dans l'avenir (dont l'adoption d'un objectif de revenu national en valeur ou d'un objectif de taux de change) ...
  • RePEc:oec:ecoaaa:32-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