Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10419/17692
Full metadata record
DC FieldValueLanguage
dc.creatorHammermann, Felix-
dc.date2003-
dc.date.accessioned2013-10-16T06:56:20Z-
dc.date.available2013-10-16T06:56:20Z-
dc.date.issued2013-10-16-
dc.identifierhttp://hdl.handle.net/10419/17692-
dc.identifierppn:366898000-
dc.identifier.urihttp://koha.mediu.edu.my:8181/xmlui/handle/10419/17692-
dc.descriptionThere seems to be no consensus in the literature with respect to monetary policy strategies in combination with flexible exchange rate regimes. Therefore, this paper determines what the alternative strategies inflation targeting, Taylor rule, monetary conditions index, and managed floating have in common. The fact that all strategies build on reaction functions which use the short-term interest rate as an important or even the single monetary policy instrument allows a generalized reaction function for all strategies to be derived. Future research may use such a generalized reaction function for describing and determining monetary policy in emerging market economies with flexible exchange rate regimes.-
dc.languageeng-
dc.publisherKiel Institute for the World Economy (IfW) Kiel-
dc.relationKieler Arbeitspapiere 1170-
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.subjectE42-
dc.subjectE58-
dc.subjectE52-
dc.subjectddc:330-
dc.subjectMonetary Policy-
dc.subjectInflation Targeting-
dc.subjectTaylor Rule-
dc.subjectMonetary Conditions Index-
dc.subjectManaged Floating-
dc.subjectGeldpolitik-
dc.subjectGeldpolitisches Ziel-
dc.subjectFlexibler Wechselkurs-
dc.subjectVergleich-
dc.subjectTheorie-
dc.subjectReaktionsfunktion-
dc.titleComparing Monetary Policy Strategies : Towards a Generalized Reaction Function-
dc.typedoc-type:workingPaper-
Appears in Collections:EconStor

Files in This Item:
There are no files associated with this item.


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.