This paper focuses on a specific aspect of prudential regulation: namely the impact on the stability of the financial system of a deterioration in public finances. This is a separate issue to the need for consumer protection that should be provided by rules for the conduct of business by financial i
The European Central Bank and inflation targeting
β Scribed by Michael J. Artis; Zenon G. Kontolemis
- Publisher
- John Wiley and Sons
- Year
- 1998
- Tongue
- English
- Weight
- 216 KB
- Volume
- 3
- Category
- Article
- ISSN
- 1076-9307
No coin nor oath required. For personal study only.
β¦ Synopsis
The paper discusses the background to the European Central Bank's (the ECB's) choice of monetary strategy and goes on to consider in some detail the implications of an inflation targeting strategy in EMU.
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