The uncertainties of monetary regulation

Jacques Riboud

Chapter 3 in The Mechanics of Money, 1980, pp 132-154 from Palgrave Macmillan

Abstract: Abstract Now that the inevitability of the regulation of the money supply and the government’s responsibilities in the matter are no longer in doubt, the poverty of the means at the government’s disposal, the vagueness of the indicators and the defectiveness of the available instruments have all become apparent; proof, if further proof is needed, of the uncertain state of knowledge on these matters.

Keywords: Interest Rate; Monetary Policy; Central Bank; Current Account; Banking System (search for similar items in EconPapers)
Date: 1980
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-05112-0_13

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DOI: 10.1007/978-1-349-05112-0_13

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