Selected Issues Concerning Monetary Policy and Institutional Design for Central Banks : A Review of Theories

A Review of Theories

Selected Issues Concerning Monetary Policy and Institutional Design for Central Banks : A Review of Theories
In the past decades, much work has been geared toward solving the problem of time inconsistency in monetary policy and analyzing the coordination problem between fiscal and monetary policy. This paper provides a review of the theoretical background to these theories, while also focusing on their inherent problems. It concludes that while the... READ MORE...

Publication date: August 2000
ISBN 9781451856118
$15.00

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