Abstract
We develop a framework for the analysis of targeting rules for monetary policy, derive the optimal money-supply rule, and use an explicit criterion to evaluate the relative desirability of other targeting rules governing the money supply process.
Original language | English |
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Pages (from-to) | 183-187 |
Number of pages | 5 |
Journal | Economics Letters |
Volume | 21 |
Issue number | 2 |
DOIs | |
State | Published - 1 Jan 1986 |
Externally published | Yes |
ASJC Scopus subject areas
- Finance
- Economics and Econometrics