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A Framework for Monetary Stability : Financial and Monetary Policy Studies - J. A. H. de Beaufort Wijnholds

A Framework for Monetary Stability

Financial and Monetary Policy Studies

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Published: September 1994
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Preface. Part A: Opening speech: To Cut or not to Cut Interest Rates: Some Remarks on the ERM; W.F. Duisenberg. Speech by D. Mullins Jr. Session I: The Final Objective of Monetary Policy. Formal Targets for Inflation Reduction: the Canadian Experience; C. Freedman. Comment by J. Driffill. The Costs and Benefits of Disinflation; S. Fischer. Comment by J.L. Malo de Molina. Session II: The Position of the Central Bank. Commitment through Delegation, Political Influence and Central Bank Independence; A. Cukierman. Central Bank Autonomy: Policy; J.O. de Beaufort Wijnholds, L. Hoogduin. Comments by E. Bomhoff, J.M. Neumann. Session III: The Design of Monetary Policy. Intermediate Targets versus Information Variables as Operating Guides for Monetary Policy; B.M. Friedman. Comment by A. Lamfalussy. Monetary Policy Strategy in the EMU; O. Issing. Comment by P. de Grauwe. Part B: Session IV: The Application of Monetary Policy. Rules versus Discretion in Monetary Policy; A.D. Crockett. Comment by J.J. Sijben. The Role of Monetary Policy in IMF Programs; M. GuitiĆ n. Comment by H. Jager. Session V: Monetary Policy and Exchange Rates. Italy's Experience within and without the European Monetary System: a Preliminary Appraisal; M. De Cecco, F. Giavazzi. Comment by G. Baer. Monetary Policy and Exchange Rates: the French Experience; A. Icard. Comment by R. Bryant. Session VI: Monetary Policy in Eastern European and Latin America. Can Russia control Inflation? R. Layard. Comment by O. Havrylyshyn. Stabilization and Monetary Reform in Latin America; R. Dornbusch. Comment by G. Ortiz. General Report; S. Eijffinger.

Preface
Opening speech: To Cut or not to Cut Interest Rates: Some Remarks on the ERM
Speech
The Final Objective of Monetary Policy
Formal Targets for Inflation Reduction: the Canadian Experience
Comment
The Costs and Benefits of Disinflation
Comment
The Position of the Central Bank
Commitment through Delegation, Political Influence and Central Bank Independence
Central Bank Autonomy: Policy
Comments
The Design of Monetary Policy
Intermediate Targets versus Information Variables as Operating Guides for Monetary Policy
Comment
Monetary Policy Strategy in the EMU
Comment
The Application of Monetary Policy
Rules versus Discretion in Monetary Policy
Comment
The Role of Monetary Policy in IMF Programs
Comment
Monetary Policy and Exchange Rates
Italy's Experience within and without the European Monetary System: a Preliminary Appraisal
Comment
Monetary Policy and Exchange Rates: the French Experience
Comment
Monetary Policy in Eastern European and Latin America
Can Russia control Inflation?
Comment
Stabilization and Monetary Reform in Latin America
Comment
General Report
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780792331735
ISBN-10: 0792331737
Series: Financial and Monetary Policy Studies
Audience: General
Format: Paperback
Language: English
Number Of Pages: 340
Published: September 1994
Publisher: Springer
Country of Publication: NL
Dimensions (cm): 23.39 x 15.6  x 1.85
Weight (kg): 0.49