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A Proposed Framework for Monetary Policy

✍ Scribed by ANTHONY GARRATT; STEPHEN HALL


Book ID
119851210
Publisher
John Wiley and Sons
Year
1992
Tongue
English
Weight
536 KB
Volume
17
Category
Article
ISSN
0140-489X

No coin nor oath required. For personal study only.


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If the European Central Bank (ECB) adopts the proposals of the European Monetary Institute, the formulation of monetary policy for the euro area will be centralized but its implementation will be decentralized. The ECB will probably employ both inflation and monetary targets and use policy instrumen