Results 221 to 230 of about 8,954 (262)
Some of the next articles are maybe not open access.
Monetary Policy (objectives and instruments)
2020AbstractMonetary policy became the exclusive competence of the Community in the Maastricht Treaty, but the Treaty was not very explicit on what this exclusive monetary policy competence included. The Treaty provisions on monetary policy did rely on some general idea of what monetary policy consisted of and what it did not. However, instead of trying to
openaire +2 more sources
Substitutability of Monetary Policy Instruments
FEDS Notes, 2019This note presents an approach to infer the magnitude of changes to the level of the policy target rate--a more commonly used metric of monetary policy actions--that would lead to approximately the same macroeconomic outcomes as induced through changes in the central bank's balance sheet.
Cynthia Doniger +3 more
openaire +1 more source
Monetary Policy: Instruments and Issues
1996The prime policy objective of a central bank in a market economy which is being increasingly accepted as the internal and external stability of the national currency in the medium term, was pion-eered by Keynes in his classic exposition of domestic price stability as the sole aim of monetary policy (1924).
openaire +1 more source
Communication as a monetary policy instrument
2023Inflation targeting involves the use of communication as a crucial monetary policy instrument. Communication helps the central bank reduce inflation expectations and anchor them at a low level as the central bank seeks to boost trust in its policy and ensure the predictability of interest rates in the economy.
openaire +1 more source
Instruments and objectives of monetary policy
Law and Financial Markets Review, 2013This article considers changes in the conduct of monetary policy following the financial crisis, focusing in particular on the conflict between inflation targets and financial stability. Consideration is given to the additional instruments that have been adopted in the conduct of monetary policy and their implications for bank lending and economic ...
openaire +1 more source
Monetary Policy as an Instrument of Stabilisation
1997Abstract In the last two chapters the possibility of State intervention was not considered. The only way that the State came into the picture was through the assumption that it helped to maintain a certain fixed real rate of interest at which money supply adjusted to the demand for it.
openaire +1 more source
Monetary Policy: Targets and Instruments
1998Viewed over the long term, prices have risen at a considerably slower pace in Germany than in comparable major industrial countries. At the same time the Deutsche Mark has appreciated strongly in the foreign exchange markets and has become the anchor currency in the EMS.
openaire +1 more source
Tax Policy and Monetary Instruments
1984In almost all industrialized countries, the government sector’s share of the national product has increased substantially during the 1970s. The government sector’s outlays have increasingly been financed by borrowing, i.e. by budget deficits. I suppose that the effect on the credit market of the increased government borrowing will be the main subject ...
openaire +1 more source

