Monetary policy efficiency in the euro zone: some empirical evidence of money demand stability and endogeneity
The primary target of most central banks in developed economies is to maintain price stability. When there is no threat to the fulfilment of the primary target, the central bank focuses on its secondary target which is defined as support of a sustainable economic growth and full employment. Even tho...
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| Format: | Article |
| Language: | English |
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Transilvania University Press
2010-12-01
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| Series: | Bulletin of the Transilvania University of Brasov. Series V : Economic Sciences |
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| Online Access: | http://but.unitbv.ro/BU2010/Series%20V/BULETIN%20V%20PDF/257%20Kapounek.pdf |