Effects of changes in banking and exchange control legislation in the United Kingdom on the significance of the money aggregates as indicators 1971-81
In an effort to exercise greater control over inflationary pressures in the United Kingdom the authorities have increasingly attempted to control the growth in monetary aggregates. However, the decade in which these controls have been in force has witnessed an unprecedented degree of change in the a...
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| Format: | Article |
| Language: | English |
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Associazione Economia civile
2013-10-01
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| Series: | PSL Quarterly Review |
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| Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10794 |
| _version_ | 1811172459684036608 |
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| author | V. ARGY |
| author_facet | V. ARGY |
| author_sort | V. ARGY |
| collection | DOAJ |
| description | In an effort to exercise greater control over inflationary pressures in the United Kingdom the authorities have increasingly attempted to control the growth in monetary aggregates. However, the decade in which these controls have been in force has witnessed an unprecedented degree of change in the authorities' control over the banking system. The impact of these changes has undoubtedly made attempts to control monetary aggregates more difficult and complicated. These changes are divided into eight distinct phases in an attempt to show how they may have distorted monetary aggregate indicators.
JEL: E52, E31
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| first_indexed | 2024-04-10T17:30:25Z |
| format | Article |
| id | doaj.art-8b01bdd91a49403aa6cd5ddf77c66a21 |
| institution | Directory Open Access Journal |
| issn | 2037-3635 2037-3643 |
| language | English |
| last_indexed | 2024-04-10T17:30:25Z |
| publishDate | 2013-10-01 |
| publisher | Associazione Economia civile |
| record_format | Article |
| series | PSL Quarterly Review |
| spelling | doaj.art-8b01bdd91a49403aa6cd5ddf77c66a212023-02-03T16:47:24ZengAssociazione Economia civilePSL Quarterly Review2037-36352037-36432013-10-013815210.13133/2037-3643/10794Effects of changes in banking and exchange control legislation in the United Kingdom on the significance of the money aggregates as indicators 1971-81V. ARGYIn an effort to exercise greater control over inflationary pressures in the United Kingdom the authorities have increasingly attempted to control the growth in monetary aggregates. However, the decade in which these controls have been in force has witnessed an unprecedented degree of change in the authorities' control over the banking system. The impact of these changes has undoubtedly made attempts to control monetary aggregates more difficult and complicated. These changes are divided into eight distinct phases in an attempt to show how they may have distorted monetary aggregate indicators. JEL: E52, E31 https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10794Monetary policyinflationbanking systemmonetary aggregates |
| spellingShingle | V. ARGY Effects of changes in banking and exchange control legislation in the United Kingdom on the significance of the money aggregates as indicators 1971-81 PSL Quarterly Review Monetary policy inflation banking system monetary aggregates |
| title | Effects of changes in banking and exchange control legislation in the United Kingdom on the significance of the money aggregates as indicators 1971-81 |
| title_full | Effects of changes in banking and exchange control legislation in the United Kingdom on the significance of the money aggregates as indicators 1971-81 |
| title_fullStr | Effects of changes in banking and exchange control legislation in the United Kingdom on the significance of the money aggregates as indicators 1971-81 |
| title_full_unstemmed | Effects of changes in banking and exchange control legislation in the United Kingdom on the significance of the money aggregates as indicators 1971-81 |
| title_short | Effects of changes in banking and exchange control legislation in the United Kingdom on the significance of the money aggregates as indicators 1971-81 |
| title_sort | effects of changes in banking and exchange control legislation in the united kingdom on the significance of the money aggregates as indicators 1971 81 |
| topic | Monetary policy inflation banking system monetary aggregates |
| url | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10794 |
| work_keys_str_mv | AT vargy effectsofchangesinbankingandexchangecontrollegislationintheunitedkingdomonthesignificanceofthemoneyaggregatesasindicators197181 |