Strategy and tactics of monetary policy: examples from Europe and the Antipodes

• Autores: Charles Goodhart, José Viñals
• Localización: Documentos de trabajo - Banco de España, ISSN 0213-2710, Nº 25, 1994, págs. 1-69
• Idioma: inglés
• Enlaces
  • Texto completo (pdf)
• Resumen

  • The paper discusses the way in which the strategy and tactics of monetary policy are being articulated at present in Europe and other countries in a context where price stability has become the primary objective of monetary policy and where an increasing number of central banks are being given increasing autonomy to pursue this goal.