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Financial Theory and Central Bank Policies

  • Goodfriend M
Palgrave Macmillan UK, (1993), 100-118
DOI: 10.1007/978-1-349-23096-9_8
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Abstract

Central banking lies at the heart of macroeconomic policy analysis. The management of high-powered money by central banks dominates the stochastic behaviour of the price level, inflation and nominal interest rates. Moreover, monetary policy is the primary means by...

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APA

Goodfriend, M. (1993). Financial Theory and Central Bank Policies. In Monetary Theory and Monetary Policy (pp. 100–118). Palgrave Macmillan UK. https://doi.org/10.1007/978-1-349-23096-9_8

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