Monetary transmission: what do we know and how can we use it?
The existence of a considerable and varying time lag between the actions by the central bank in adjusting its policy instruments and the effects on the respective target variable is widely acknowledged. As a result, the monetary policy maker needs to take a forward-looking approach in decision-makin...
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| Language: | English |
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Associazione Economia civile
1998-06-01
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| Series: | PSL Quarterly Review |
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| Online Access: | http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/10594/10478 |
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doaj-b422758b2eab4996a923498a1005e31c2020-11-25T01:15:41ZengAssociazione Economia civilePSL Quarterly Review2037-36352037-36431998-06-0151205145170Monetary transmission: what do we know and how can we use it?J.M. BERKThe existence of a considerable and varying time lag between the actions by the central bank in adjusting its policy instruments and the effects on the respective target variable is widely acknowledged. As a result, the monetary policy maker needs to take a forward-looking approach in decision-making. A survey is undertaken of the possible channels of monetary transmission, and the problems faced by the imperfect knowledge of the policy maker about the transmission mechanism.http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/10594/10478Monetary transmissionMonetary policyCurrency devaluation |
| collection |
DOAJ |
| language |
English |
| format |
Article |
| sources |
DOAJ |
| author |
J.M. BERK |
| spellingShingle |
J.M. BERK Monetary transmission: what do we know and how can we use it? PSL Quarterly Review Monetary transmission Monetary policy Currency devaluation |
| author_facet |
J.M. BERK |
| author_sort |
J.M. BERK |
| title |
Monetary transmission: what do we know and how can we use it? |
| title_short |
Monetary transmission: what do we know and how can we use it? |
| title_full |
Monetary transmission: what do we know and how can we use it? |
| title_fullStr |
Monetary transmission: what do we know and how can we use it? |
| title_full_unstemmed |
Monetary transmission: what do we know and how can we use it? |
| title_sort |
monetary transmission: what do we know and how can we use it? |
| publisher |
Associazione Economia civile |
| series |
PSL Quarterly Review |
| issn |
2037-3635 2037-3643 |
| publishDate |
1998-06-01 |
| description |
The existence of a considerable and varying time lag between the actions by the central bank in adjusting its policy instruments and the effects on the respective target variable is widely acknowledged. As a result, the monetary policy maker needs to take a forward-looking approach in decision-making. A survey is undertaken of the possible channels of monetary transmission, and the problems faced by the imperfect knowledge of the policy maker about the transmission mechanism. |
| topic |
Monetary transmission Monetary policy Currency devaluation |
| url |
http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/10594/10478 |
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