Results 211 to 220 of about 118,336 (247)

MONETARY BANDS AND MONETARY NEUTRALITY

International Economic Journal, 2002
This paper attempts to provide an explanation of the short-run monetary non-neutrality in an economy where agents have full current information and no nominal prices are set in advance. This non-neutrality arises due to the government's setting of nominal target bands.
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Monetary Equilibrium [PDF]

History of Political Economy, 2006
The first part of the paper surveys the discussion of monetary equilibrium by Wicksell, Lindahl, Myrdal, Ohlin and Palander. In the second part a number of analytical aspects of monetary equilibrium are discussed: The formulation of the first equilibrium condition in terms of prices instead of in terms of quantities; The interpretation of the second ...
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Monetary policy

Journal of the Staple Inn Actuarial Society, 1953
The proper functioning of a present-day economic system is dependent upon money and prices. This is particularly the case when a large part of the economy is based on private enterprise.For many years economic text-books have stated the three functions of money to be (1) a means of payment, (2) a store of value and (3) a unit of account.
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Monetary Misconceptions [PDF]

, 2000
The paper identifies a number of misconceptions about the monetary policy process and the monetary transmission mechanism in the UK. Among the misconceptions about the process are the alleged lack of regional and sectoral representativeness of the Monetary Policy Committee and the view that operational central bank independence means that monetary and ...
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Monetary Aggregates and Monetary Policy

2002
Recently, there has been renewed interest in the identification of monetary policy disturbances. This involves a search for a variable (or combination of variables) to appropriately measure the stance — the looseness or tightness — of monetary policy. Over the years many variables have been used for this purpose.
Panos Afxentiou, Apostolos Serletis
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Monetary Policy Without Monetary Targets

1990
AbstractThe authors pursue a number of aims. They begin by placing monetary policy within the wider framework of general economic policy. They continue by examining the domestic role of monetary policy and how they see it developing in the future. This is followed by a discussion specifically on exchange rates, which the authors see as the major area ...
J. C. R. Dow, I. D. Saville
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Monetary Theory and Monetary History [PDF]

, 1995
This volume is a delight to the economist. The book is clearly destined to be a classic, perhaps one of the few emerging in that role rather than growing into it. The reader cannot fail to be impressed by the size of the task to which the authors committed themselves, by the authors' ability to treat the broad sweep of a century of monetary history ...
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Monetary information and monetary neutrality

Journal of Monetary Economics, 1981
Abstract The monetary theory of business fluctuations in market clearing models constructed under the rational expectations assumption — as advanced by Lucas and others — involves the idea that suppliers and demanders will typically misinterpret movements in the general level of prices as representing more or less favorable relative opportunities for
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Monetary Rules and Monetary Reform

1977
For much of the fifteen years, the central concern in international finance has been monetary reform. Numerous proposals were advanced for the production of new international reserve assets and for changes in exchange market arrangements, especially in the mid-1960s.
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Monetary Union and Monetary Obligations

2023
Abstract This chapter evaluates the effect of monetary union on monetary obligations. Monetary union in Europe involved the effective disappearance of eleven national currencies with effect from 1 January 1999. The physical indicia of those currencies remained in circulation until the early part of 2002, but during this transitional ...
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