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Is There a Role for Monetary Aggregates in the Conduct of Monetary Policy?

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NBER1996-11-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w5845
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资源简介:
We examine the potential policy role of monetary aggregates by attempting to use them as effectively as possible in the analysis of empirical relationships. We consider three possible roles: as information variables, as indicators of policy actions and as instruments in a policy rule. These require
提供机构:
美国国家经济研究局
创建时间:
1996-11-01
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