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The Phillips curve and US monetary policy: what the FOMC transcripts tell us

✍ Scribed by Meade, E. E.; Thornton, D. L.

Book ID
118738759
Publisher
Oxford University Press
Year
2011
Tongue
English
Weight
298 KB
Volume
64
Category
Article
ISSN
0030-7653

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## Abstract This paper provides an empirical assessment about how the monetary policy has been made in a group of Sub‐Saharan African countries that are members of the CFA Franc zone. We question the argument that being a member of the CFA zone has always implied the loss of monetary policy autonom