Monetary and financial stability are of central importance to the effective functioning of a market economy. They provide the basis for rational decisionmaking about the allocation of real resources through time and therefore improve the climate for saving and investment.
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Paper provided by International Economics Section, Departement of Economics Princeton University, in its series Princeton Essays in International Economics with number
203.
Length: 52 pages Date of creation: 1997 Date of revision: Handle: RePEc:fth:priifi:203
Contact details of provider: Postal: International Finance Section, Department of Economics Princeton University, Princeton, New Jersey, U.S.A Phone: (609) 258-4000 Fax: (609) 258-6419 Email: Web page: http://www.econ.princeton.edu/ More information through EDIRC
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Find related papers by JEL classification: E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit D7 - Microeconomics - - Analysis of Collective Decision-Making
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