On Making Monetary Policy More Effective Domestically and Internationally

Allan Meltzer

Chapter 1 in Towards More Effective Monetary Policy, 1997, pp 3-27 from Palgrave Macmillan

Abstract: Abstract The organizers of the Seventh International Conference have chosen a theme and a set of issues that, I believe, should be revisited frequently by all central banks. How can monetary policy be made most effective? What task or tasks should the central bank undertake in its role as protector of the value of money and all nominal obligations nationally and internationally? What institutional arrangements are most useful for fulfilling these responsibilities? How have recent developments in academic research and central banking practice changed our answers to these questions?

Keywords: Exchange Rate; Monetary Policy; Central Bank; Inflation Rate; Federal Reserve (search for similar items in EconPapers)
Date: 1997
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Journal Article: On Making Monetary Policy More Effective Domestically and Internationally (1996)
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DOI: 10.1007/978-1-349-25382-1_1

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