The Dynamics of Money and Prices and the Role of Monetary Policy in the SEACEN Countries
Some features of standard money demand models are discussed in this paper with a view to applying these specifically to the case of SEACEN countries. The focus of the exercise is essentially to derive the dynamic path that the authorities adopt for the growth in the supply of money in order to achieve a hypothetical target rate of inflation.
|This book is provided by South East Asian Central Banks (SEACEN) Research and Training Centre in its series Occasional Papers with number occ01 and published in 1980.|
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