Banca centrale e innovazione finanziaria. Una rassegna della letteratura recente (Central Banking and Financial Innovation: A Survey of the Modern Literature)
I review the literature regarding the impact of financial innovation on the monetary transmission mechanism and on the way the central bank can achieve its ultimate goal, that is to control the price level. We argue that, although the form of central bank instruments and current methods for impleme...
Main Author: | Jan Marc Berk |
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Format: | Article |
Language: | Italian |
Published: |
Associazione Economia civile
2012-04-01
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Series: | Moneta e Credito |
Subjects: | |
Online Access: | https://rosa.uniroma1.it/rosa04/moneta_e_credito/article/view/9796 |
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