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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Bibliographic Details
Main Author: Brand, Claus
Corporate Author: SpringerLink (Online service)
Format: eBook
Language:English
Published: Heidelberg : Physica-Verlag HD, 2001.
Series:Contributions to economics.
Subjects:
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.