Monetary transmission: what do we know and how can we use it?

The existence of a considerable and varying time lag between the actions by the central bank in adjusting its policy instruments and the effects on the respective target variable is widely acknowledged. As a result, the monetary policy maker needs to take a forward-looking approach in decision-makin...

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Bibliographic Details
Published in:PSL Quarterly Review
Main Author: J.M. BERK
Format: Article
Language:English
Published: Associazione Economia civile 2013-10-01
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10594