Selected Issues Concerning Monetary Policy and Institutional Design for Central Banks: A Review of Theories
In the past decades, much work has been geared toward solving the problem of time inconsistency in monetary policy and analyzing the coordination problem between fiscal and monetary policy. This paper provides a review of the theoretical background to these theories, while also focusing on their inh...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2000
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Schriftenreihe: | IMF Working Papers
Working Paper No. 00/140 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | In the past decades, much work has been geared toward solving the problem of time inconsistency in monetary policy and analyzing the coordination problem between fiscal and monetary policy. This paper provides a review of the theoretical background to these theories, while also focusing on their inherent problems. It concludes that while the literature makes a strong case for central bank independence, more work should be done in the area of determining the desirable degree of independence with a view to the interplay between fiscal and monetary policy |
Beschreibung: | 1 Online-Ressource (48 p) |
ISBN: | 1451856113 9781451856118 |
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spelling | Beddies, Christian H. Verfasser aut Selected Issues Concerning Monetary Policy and Institutional Design for Central Banks A Review of Theories Beddies, Christian H Washington, D.C International Monetary Fund 2000 1 Online-Ressource (48 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 00/140 In the past decades, much work has been geared toward solving the problem of time inconsistency in monetary policy and analyzing the coordination problem between fiscal and monetary policy. This paper provides a review of the theoretical background to these theories, while also focusing on their inherent problems. It concludes that while the literature makes a strong case for central bank independence, more work should be done in the area of determining the desirable degree of independence with a view to the interplay between fiscal and monetary policy Online-Ausg http://elibrary.imf.org/view/IMF001/06144-9781451856118/06144-9781451856118/06144-9781451856118.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Beddies, Christian H. Selected Issues Concerning Monetary Policy and Institutional Design for Central Banks A Review of Theories |
title | Selected Issues Concerning Monetary Policy and Institutional Design for Central Banks A Review of Theories |
title_auth | Selected Issues Concerning Monetary Policy and Institutional Design for Central Banks A Review of Theories |
title_exact_search | Selected Issues Concerning Monetary Policy and Institutional Design for Central Banks A Review of Theories |
title_exact_search_txtP | Selected Issues Concerning Monetary Policy and Institutional Design for Central Banks A Review of Theories |
title_full | Selected Issues Concerning Monetary Policy and Institutional Design for Central Banks A Review of Theories Beddies, Christian H |
title_fullStr | Selected Issues Concerning Monetary Policy and Institutional Design for Central Banks A Review of Theories Beddies, Christian H |
title_full_unstemmed | Selected Issues Concerning Monetary Policy and Institutional Design for Central Banks A Review of Theories Beddies, Christian H |
title_short | Selected Issues Concerning Monetary Policy and Institutional Design for Central Banks |
title_sort | selected issues concerning monetary policy and institutional design for central banks a review of theories |
title_sub | A Review of Theories |
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