Market-oriented central banking
For effective monetary management in competitive economies, market-oriented central banking relies on financial markets rather than discretionary controls in adjusting overall liquidity to stabilize prices. Behind this relianc on money markets, however, is a stable long-run relationship between mone...
| Publicado en: | Philippine Review of Economics and Business (formerly The Philippine Review of Business and Economics) Vol. XXXI, no. 2 (Dec. 1994), 104-136 |
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| Autor Principal: | |
| Formato: | Artigo |
| Idioma: | English |
| Publicado: |
1994
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| Subjects: |