On the scope of Dutch monetary policy

S.K. Kuipers and Elmer Sterken
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S.K. Kuipers: University of Groningen

Banca Nazionale del Lavoro Quarterly Review, 1995, vol. 48, issue 193, 173-187

Abstract: The performance of the Netherlands central bank and its monetary policy in the face of its inability to control monetary supply is analysed through a structural model. Findings show that the monetary policy that the Dutch bank has adopted, considering the above constraint, should be fairly effective especially if there is a perfect substitutability between domestic and foreign assets. This fact, however, has not been clearly established.

Keywords: Netherlands; Central banks; Monetary policy; Money supply (search for similar items in EconPapers)
JEL-codes: E52 (search for similar items in EconPapers)
Date: 1995
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