Nominal anchors for monetary policy: a doctrinal analysis

J. Aschheim and George Tavlas
Additional contact information
J. Aschheim: The George Washington University

Banca Nazionale del Lavoro Quarterly Review, 1994, vol. 47, issue 191, 469-494

Abstract: Volatility of the general price level has long been an issue of concern and debate in economics and government policies. Periods of price-level instability have stimulated proposals for monetary reform aimed either at price-level stabilisation or mitigating the adverse effects of price-level instability. The nominal anchor issue refers to the orientation of monetary policy towards the goal of providing a stable price level.

Keywords: Monetary policy; nominal anchors; price-level stabilisation (search for similar items in EconPapers)
JEL-codes: E52 (search for similar items in EconPapers)
Date: 1994
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/10536/10421 (application/pdf)

Related works:
Journal Article: Nominal anchors for monetary policy: a doctrinal analysis (1994)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:psl:bnlqrr:1994:45

Ordering information: This journal article can be ordered from
http://www.economiacivile.it

Access Statistics for this article

Banca Nazionale del Lavoro Quarterly Review is currently edited by Alessandro Roncaglia

More articles in Banca Nazionale del Lavoro Quarterly Review from Banca Nazionale del Lavoro
Bibliographic data for series maintained by Carlo D'Ippoliti ().