Research Discussion Paper – RDP 8605 On Some Recent Developments in Monetary Economics
August 1986
- Abstract
- Download the Paper 830KB
Contents
- Overview
- The Neoclassical Inheritance
- The Stability of Money Demand
- Expectations
- Policy Rules
- Innovation and Deregulation
- Policy in a Changing Economy
- References
Endnote
This paper is dedicated to the memory of Austin Holmes, OBE, who both commissioned it and provided helpful comments on drafts. It has also benefitted from the comments of many other colleagues, including in particular Palle Andersen, Charles Goodhart, David Laidler and William Poole, as well as participants in seminars at ANU, Melbourne and Monash Universities. The views expressed herein are nevertheless those of the authors. In particular, they are not necessarily shared by their employer. [*]