𝔖 Bobbio Scriptorium
✦   LIBER   ✦

The operation of monetary targets: Comment

✍ Scribed by Jerry L. Jordan

Book ID
116105137
Publisher
Elsevier Science
Year
1980
Weight
245 KB
Volume
13
Category
Article
ISSN
0167-2231

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πŸ“œ SIMILAR VOLUMES

How the P* Model Rationalizes Monetary T
How the P* Model Rationalizes Monetary Targeting: A Comment on Svensson
✍ Franz Seitz; Karl-Heinz TΓΆdter πŸ“‚ Article πŸ“… 2001 πŸ› John Wiley and Sons 🌐 English βš– 72 KB

## Abstract In this comment, we answer the question posed in Svensson's (2000) paper `Does the P\* Model Provide any Rationale for Monetary Targeting?' - in contrast to him - in the affirmative. We argue that a strategy of monetary targeting can be rationalized within the P\* framework. Furthermor