Titlebook: Improving Money Stock Control; Problems, Solutions, Laurence H. Meyer Book 1983 Springer Science+Business Media New York 1983 Switzerland.b

助记

Discussion 3a few mistakes, but suspect that, after several iterations, we will come to an agreement on the technical issues, with each of us backtracking somewhat on views that may be stated with excessive certainty.

DALLY

Targeting the Monetary Base: The Swiss Casesearch and policy interest to the Swiss National Bank. Several papers on the issues involved have appeared, in particular an article by Georg Rich and myself (1979). I shall summarize the latter in the first part of this presentation; readers familiar with its ideas should immediately proceed to the

visceral-fat

curriculum

glisten

Discussiont for monetary policy. Second, it describes (rather briefly) the technique of monetary control employed in the United Kingdom from the inception of targeting in 1976 to the time when the “new” techniques of control were introduced in August 1981. Third, it discusses and evaluates, from the perspecti

Panacea

conference

Discussionffecting the demand for goods. Increases in the demand to hold money raise interest rates and the velocity of money. This in turn reduces the aggregate demand for goods and services, which policy can offset by supplying more money. Increases in the demand for goods are viewed as not affecting the de

prostate-gland

急性

Discussioning inflation” is both an important and difficult objective. Given the latter, it is hardly surprising and quite excusable that their output sheds little light on this problem. My remarks are divided into two parts: first I shall enumerate the things that I see as the deficiencies in the MeyerWebste

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