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MONEY SUBSTITUTES AND MONETARY POLICY IN THE U.K., 1922-1974.

In the U.K., following the publication of the Radcliffe Report, it was widely believed that monetary policy was impotent because any attempt to make use of monetary policy would be fully offset by perfect money substitutes which were not controlled by the monetary authorities. This paper tests wheth...

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Publicado en:European Economic Review Vol. 10; no. 1; pp. 19 - 37
Autores principales: Mills, T. C., Wood, G. E.
Formato: Artículo
Publicado: Elsevier B.V. Oct77
Materias:
Monetary policy
Money market
Financial institutions
Interest rate parity theorem
Foreign exchange rates
Demand for money
Economic policy
Economics
United Kingdom
Acceso en línea:Ver este registro en EBSCOhost