Essays in monetary policy conduction and its effectiveness: monetary policy rules, probability forecasting, central bank accountability, and the sacrifice ratio
Monetary policy has been given either too many positive attributes or, in contrast, only economy-disturbing features. Central banks must take into account a wide variety of factors to achieve a proper characterization of modern economies for the optimal implementation of monetary policy. Such is the...
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Format: | Others |
Language: | en_US |
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Texas A&M University
2004
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Online Access: | http://hdl.handle.net/1969.1/1182 |