Optimal monetary policy rules when the current account matters
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Date
2002
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Banco Central de Chile
Abstract
Description
Policymarkers and the academic community have reached an increasing consensus during the last two decades: the primary objective of monetary policy should be to control inflation (see, for example, King, 1999). A less settled issue is the appropriate role of the central bank regarding other, secondary obkectives.
Keywords
POLÍTICA MONETARIA, INFLACIÓN, BANCOS CENTRALES