The role of money in monetary policy design of modern central banks
This paper considers the role of money, particularly the role of monetary analysis in monetary policy-making. During the last three decades, many central banks changed their monetary policy considerably. In the late 1970s money and the long-run effects of its movements on inflation were in the cente...
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Format: | Article |
Language: | English |
Published: |
Institute of International Politics and Economics, Belgrade
2007-01-01
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Series: | Međunarodni Problemi |
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Online Access: | http://www.doiserbia.nb.rs/img/doi/0025-8555/2007/0025-85550704560K.pdf |