Money Stock Control and Inflation Targeting in Germany : a State Space Modelling Approach to the Bundesbank's Operating Procedures and Intermediate Strategy /
The book considers issues relevant to the European Central Bank in refining and communicating its strategy. It offers a historical assessment of the Bundesbank's strategy of monetary targeting conducted from 1974 to 1998. In contrast to several other prominent studies it is argued that money pl...
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| Format: | eBook |
| Language: | English |
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Heidelberg :
Physica-Verlag HD,
2001.
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| Series: | Contributions to economics.
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| Online Access: | Connect to the full text of this electronic book |
Table of Contents:
- Introduction
- Measuring monetary policy
- Theoretical framework
- Analysis of time series using linear state space models
- Empirical implementation and results
- Conclusions.