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On the scope of Dutch monetary policy

Author

Listed:
  • S.K. KUIPERS

    (University of Groningen)

  • E. STERKEN

    (University of Groningen)

Abstract

The performance of the Netherlands central bank and its monetary policy in the face of its inability to control monetary supply is analysed through a structural model. Findings show that the monetary policy that the Dutch bank has adopted, considering the above constraint, should be fairly effective especially if there is a perfect substitutability between domestic and foreign assets. This fact, however, has not been clearly established.

Suggested Citation

  • S.K. Kuipers & E. Sterken, 1995. "On the scope of Dutch monetary policy," Banca Nazionale del Lavoro Quarterly Review, Banca Nazionale del Lavoro, vol. 48(193), pages 173-187.
    • Handle: RePEc:psl:bnlqrr:1995:24
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    File URL: http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/10561/10445
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    References listed on IDEAS

    as
    1. Kuipers, S. K. & Jongbloed, B. W. A. & Kuper, G. H. & Sterker, E., 1990. "CESAM : The CCSO annual model of the Dutch economy," Economic Modelling, Elsevier, vol. 7(3), pages 202-250, July.
    2. van Erp, F. A. M. & Hasselman, B. H. & Nibbelink, A. G. H. & Timmer, H. R., 1989. "A monetary model of the Dutch economy : A quarterly submodel of Freia-Kompas," Economic Modelling, Elsevier, vol. 6(1), pages 56-93, January.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Netherlands; Central banks; Monetary policy; Money supply;
    All these keywords.

    JEL classification:

    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

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