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Author:Capitelli, R.
Bromberger, P.
Title:Zur Geldpolitik der achtziger Jahre: einige grundsatzliche Uberlegungen (On monetary policy of the eighties some basic considerations)
Journal:Schweizerische Zeitschrift für Volkswirtschaft und Statistik
1990 : VOL. 126-4, p. 535-552
Index terms:MONETARY POLICY
TIME SERIES
SWITZERLAND
Language:ger
Abstract:The economic theory on monetary policy. What kind of objectives monetary policy may pursue? How to evaluate Swiss monetary policy in the light of thoretical developments? A B-VAR model of the policy of Swiss National Bank since 1984. Conclusion: SNB has to switch from targeting the volume of money to targeting the exchange rate.
SCIMA record nr: 89583
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