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Monetary Policy in the Second Half of the 1980s: How Much Room for Manoeuvre?

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Organisation for Economic Co-operation and Development2026-04-11 收录
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https://www.oecd.org/en/publications/monetary-policy-in-the-second-half-of-the-1980s_510533234501.html
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This paper discusses how monetary policy might assist macroeconomic performance in the second half of the 1980s in the G-10 countries, without compromising the medium-term objective of price stability. From this perspective, the recent stance of monetary policy is assessed, as well as its possible effects on output and inflation. The paper also...
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