The Evolution of the Banking System and the Theory of Monetary Policy

Victoria Chick

Chapter 4 in Monetary Theory and Monetary Policy, 1993, pp 79-92 from Palgrave Macmillan

Abstract: Abstract Stephen Frowen has set a most difficult task for this book: to predict the scope, method and means of operation of monetary policy in the 1990s. The European Community (EC) faces a most uncertain decade: the 1990s promise the integration of markets and there is much talk of a common currency. What might these developments presage for monetary policy?

Keywords: Interest Rate; Monetary Policy; Central Bank; Banking System; Money Supply (search for similar items in EconPapers)
Date: 1993
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DOI: 10.1007/978-1-349-23096-9_6

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