Monetary policy objectives and strategy

Meyer, Laurence H.
January 1997
Business Economics;Jan1997, Vol. 32 Issue 1, p17
Academic Journal
Focuses on the challenges facing monetary policy in the current economic environment in the United States. Objectives of monetary policy; Nonaccelerating inflation rate of unemployment (NAIRU); Juggling of the goals of full employment and price stability in the short run; Taylor Rule; Opportunistic disinflation.


Related Articles

  • A strategy for strengthening the national currency. Rogova, O. // Problems of Economic Transition;Oct97, Vol. 40 Issue 6, p35 

    Discusses the monetary policy of Russia. Disruption of the circulation functions of the national currency with the state's reform; Results of the disorganization of the payment system; Threat of nonpayments in the banking system; Reason for the ineffectiveness of measures to resolve the...

  • West Africa.  // Africa Report;May/Jun91, Vol. 36 Issue 3, p12 

    Reports that at a recent meeting in Dakar, Senegal, French Cooperation and Development Minister Jacques Pelletier announced that the CFA franc was not likely to survive the introduction of a single European currency. 14 francophone countries utilize the CFA as legal tender; Waning of the...

  • Global economic integration and monetary policy. Johnson, Manuel H.; Keleher, Robert E. // Business Economics;Jul91, Vol. 26 Issue 3, p21 

    Discusses changes facing monetary policymakers and the implications for contemporary monetary policy. Appropriate data as guides for monetary policy; Importance of a nominal anchor under a flexible exchange regime; Coordinating monetary policy among several countries.

  • Monetary policy in a dynamic, global environment. Parry, Robert T. // Business Economics;Jan1996, Vol. 31 Issue 1, p18 

    Discusses the impact of the changes in technology and the surge in international trade on domestic monetary policy in the United States. Weakening of the Federal Reserve's ability to affect aggregate demand; Exposing US interest rates and monetary policy to undue influence from abroad; Breaking...

  • Recent developments in Canadian monetary aggregates.  // Bank of Canada Review;Spring94, p21 

    Focuses on the growth of monetary aggregates in Canada as leading indicators of economic activity in Canada. Deceleration of broad money growth in Canada; Reasons for further slowing of broad money; Information about broad money growth in relation to inflation; Growth of narrow money;...

  • The demand for currency and the underground economy. Lafleche, Therese // Bank of Canada Review;Autumn94, p39 

    Focuses on the monetary approach in Canada and illustrates some of the problems with these methods and with the interpretation of their results. Definitions of the underground economy and methods for estimating its size; Development of the monetary approach; Currency-demand equation and the...

  • A proposed framework for the implementation of monetary policy in the Large Value Transfer System...  // Bank of Canada Review;Spring96, p53 

    Describes a proposed framework for the implementation of monetary policy in the Large Value Transfer System environment in Canada. Target rate for the overnight interest rate; Process for neutralizing government and Bank of Canada flows; Treatment of balances from the process of clearing...

  • Selected monetary aggregates and their components.  // Bank of Canada Review;Summer96, pS46 

    Presents statistics on selected monetary aggregates and their components, which were recorded in Canada.

  • Monetary policy in an integrated world economy. Johnson, Manuel H. // CATO Journal;Fall90, Vol. 10 Issue 2, p307 

    Focuses on the formulation and implementation of monetary policy by central banks in a more deregulated, more globally integrated financial system. Financial environment; Characteristics of a more integrated world economy; Greater interdependence of financial markets; Implications for monetary...


Read the Article

Other Topics