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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Bibliographic Details
Main Author: Gabriel, Casillas Olvera
Other Authors: Bessler, David A.
Format: Others
Language:en_US
Published: Texas A&M University 2004
Subjects:
Online Access:http://hdl.handle.net/1969.1/1182