search query: @author Caporale, G. M. / total: 2
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Author: | Caporale, G. M. Williams, G. |
Title: | Can interest rate policy be independent? |
Journal: | Economic Outlook
1998 : AUG, VOL. 22:4,p. 10-23 |
Index terms: | Interest rates Exchange rate mechanism European Union |
Language: | eng |
Abstract: | The authors argue in this article that the fundamental factors determining long-term interest rates are likely to be national rather than international. It may therefore be possible for domestic monetary authorities to pursue an independent interest rate policy indefinitely. |
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