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| Author: | Clausen, J.R. Donges, J.B. |
| Title: | European monetary policy: the ongoing debate on conceptual issues |
| Journal: | World Economy
2001 : NOV, VOL. 24:10, p. 1309-1326 |
| Index terms: | EURO EUROPEAN CENTRAL BANK EUROPEAN MONETARY SYSTEM MONETARY POLICY |
| Language: | eng |
| Abstract: | This paper first discusses the decisions the European Central Bank (ECB) made concerning its strategy. The role of money and its leading indicator properties are then analysed and followed by a short description of the ECB's interest rate policy, the development of monetary aggregates and inflation in the euro area. |
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