The effectiveness of monetary policy

Robert Rasche and Marcela Williams

No 2005-048, Working Papers from Federal Reserve Bank of St. Louis

Abstract: The analysis addresses changing views of the role and effectiveness of monetary policy, inflation targeting as an \"effective monetary policy,\" monetary policy and short-run (output) stabilization, and problems in implementing a short-run stabilization policy.

Keywords: Monetary; policy (search for similar items in EconPapers)
Date: 2005
New Economics Papers: this item is included in nep-cba, nep-fmk, nep-mac and nep-mon
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Citations: View citations in EconPapers (17)

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Journal Article: The effectiveness of monetary policy (2007)
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DOI: 10.20955/wp.2005.048

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