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The evolution of monetary policy strategies in Europe

Author: Aerdt C F J Houben
Publisher: Boston, MA : Kluwer Academic, ©2000.
Series: Financial and monetary policy studies, 34.
Edition/Format:   Print book : EnglishView all editions and formats
Summary:

The design of a monetary policy strategy thus brings together key elements- such as consistency and transparency - that together determine the effectiveness and credibility ofmonetary policy.

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Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Aerdt C F J Houben
ISBN: 0792378695 9780792378693
OCLC Number: 44084243
Description: x, 358 pages : illustrations ; 25 cm.
Contents: Foreword; W.F. Duisenberg. Acknowledgements. 1. Introduction. Part One: Conceptual Issues. 2. Key considerations governing the choice of monetary policy strategy. 3. Targeting options for monetary policy. Part Two: The European Experience. 4. The historical setting. 5. The evolution of money targeting, 1975-1998. 6. The evolution of exchange rate targeting. 7. The evolution of inflation targeting, 1992-1998. 8. The monetary policy strategy of the Eurosystem. Appendices I-XIV: Monetary policy targets and outcomes in individual EU countries, 1975-98. Bibliography. Author Index. Subject Index. Tables. Charts.
Series Title: Financial and monetary policy studies, 34.
Responsibility: by Aerdt C.F.J. Houben.
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`The book is well written and uses a non-formal approach, making it accessible to an audience broader than just the inner circle of monetary policy experts. In my opinion, Houben has done a good Read more...

 
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