New Instruments for Monetary Policy

Burkhard Wehner ()

Chapter Chapter 3 in Towards the Next Revolution in Central Banking, 2021, pp 37-48 from Springer

Abstract: Abstract In a fixed-rate system as proposed here, the long-term nominal interest rate would be controlled with minimal market interference and—as a fixrate as defined above—kept as constant as possible.

Date: 2021
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DOI: 10.1007/978-3-030-85766-0_3

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