Radcliffe Report: monetary policy and debt-management reconciled?
The article discusses the main conclusions of the Radcliffe Report, the first full-scale study of Britain’s monetary system since 1931. The author is especially concerned with debt management and monetary policy that he sees as the primary concern of the Radcliffe Committee members. The main idea, t...
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Format: | Article |
Language: | English |
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Associazione Economia civile
2014-03-01
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Series: | PSL Quarterly Review |
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Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11929 |
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author | S.I. KATZ |
author_facet | S.I. KATZ |
author_sort | S.I. KATZ |
collection | DOAJ |
description | The article discusses the main conclusions of the Radcliffe Report, the first full-scale study of Britain’s monetary system since 1931. The author is especially concerned with debt management and monetary policy that he sees as the primary concern of the Radcliffe Committee members. The main idea, that debt management has become the fundamental domestic task of the central bank, is considered in light of the US experience and the principal that debt management should be the exclusive responsibility of the Treasury under US legislative arrangements.
JEL: E42, E52, E58, E62
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first_indexed | 2024-04-10T17:27:50Z |
format | Article |
id | doaj.art-2dfcb0891f114426b47aaa71475a6538 |
institution | Directory Open Access Journal |
issn | 2037-3635 2037-3643 |
language | English |
last_indexed | 2024-04-10T17:27:50Z |
publishDate | 2014-03-01 |
publisher | Associazione Economia civile |
record_format | Article |
series | PSL Quarterly Review |
spelling | doaj.art-2dfcb0891f114426b47aaa71475a65382023-02-03T16:51:10ZengAssociazione Economia civilePSL Quarterly Review2037-36352037-36432014-03-01135310.13133/2037-3643/11929Radcliffe Report: monetary policy and debt-management reconciled?S.I. KATZThe article discusses the main conclusions of the Radcliffe Report, the first full-scale study of Britain’s monetary system since 1931. The author is especially concerned with debt management and monetary policy that he sees as the primary concern of the Radcliffe Committee members. The main idea, that debt management has become the fundamental domestic task of the central bank, is considered in light of the US experience and the principal that debt management should be the exclusive responsibility of the Treasury under US legislative arrangements. JEL: E42, E52, E58, E62 https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11929Radcliffe ReportEnglish monetary systempolicycentral bankdebt management |
spellingShingle | S.I. KATZ Radcliffe Report: monetary policy and debt-management reconciled? PSL Quarterly Review Radcliffe Report English monetary system policy central bank debt management |
title | Radcliffe Report: monetary policy and debt-management reconciled? |
title_full | Radcliffe Report: monetary policy and debt-management reconciled? |
title_fullStr | Radcliffe Report: monetary policy and debt-management reconciled? |
title_full_unstemmed | Radcliffe Report: monetary policy and debt-management reconciled? |
title_short | Radcliffe Report: monetary policy and debt-management reconciled? |
title_sort | radcliffe report monetary policy and debt management reconciled |
topic | Radcliffe Report English monetary system policy central bank debt management |
url | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11929 |
work_keys_str_mv | AT sikatz radcliffereportmonetarypolicyanddebtmanagementreconciled |