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The Transmission Process

In: The Monetary Transmission Process

Author

Listed:
  • Allan H. Meltzer

Abstract

I must confess some vested interests in this topic. I first discussed it in a paper with Karl Brunner, more than thirty-five years ago (Brunner and Meltzer, 1963). I have returned to the topic many times, most recently in a published symposium (Meltzer, 1995). I will refrain from reviewing these earlier studies, although I will refer in passing to some of the main ideas. I will concentrate on two topics. They do not exhaust the subject, but they raise issues that I believe are central.

Suggested Citation

  • Allan H. Meltzer, 2001. "The Transmission Process," Palgrave Macmillan Books, in: Deutsche Bundesbank (ed.), The Monetary Transmission Process, chapter 3, pages 112-130, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-59599-6_4
    DOI: 10.1057/9780230595996_4
    as

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