Journal Article

The effectiveness of monetary policy


Abstract: This analysis addresses changing views of the role and effectiveness of monetary policy, inflation targeting as an \\"effective monetary policy,\\" monetary policy and short-run (output) stabilization, and problems in implementing a short-run stabilization policy.

Keywords: Monetary policy;

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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Part of Series: Review

Publication Date: 2007

Volume: 89

Issue: Sep

Pages: 447-490