Advances in monetary policy design: applications to the gulf monetary union
Auteur :
Barnett, William A.
Éditeur :
Barnett, William A.Alkhareif, Ryadh M.,
ISBN :
9781443848299
Date de publication :
1 juil. 2013
Dimensions :
21,2 x 14,8 x 1,8 cm
Poids :
363 g
Format :
With dust jacket
Langue :
Anglais
Pays d'origine :
Grande Bretagne
In response to the recent financial crisis, many countries have initiated monetary stimulus packages. Maintaining proper measures of monetary aggregates is of particular importance for such economic policies. However, many central banks worldwide use the simple-sum monetary indexes, which ignore the liquidity characteristics of financial assets.