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• (author = "Scheide, Joachim")
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Central banks: no reason to ignore money

Author(s) : Scheide, Joachim
Description : The need for a stable monetary policy arises from several facts about business cycles. For example, practically all recessions in industrial countries were preceded by restrictive measures of central, banks. The main cause for the instability, however, was the expansionary policy that led to a boom ...
Repository : EconStor , View repository documents
Language(s) : English
Subject(s) : ddc:330 , Geldpolitisches Ziel , Taylor-Regel , Geldmengensteuerung , Inflationsrate , Zins , Inflationsbekämpfung , Europäische Wirtschafts- und Währungsunion , Welt , Theorie
Publisher(s) : Kiel Institute for the World Economy (IfW) Kiel
Contributor(s) :
Source(s) :
Publication Date(s) : 1998-01-01