Working Paper
The effectiveness of monetary policy
Abstract: The 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: Working Papers
Publication Date: 2005
Number: 2005-048