Monetary Policy and Aggregates in the Eurozone (notice n° 157185)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 01051cam a2200157 4500500 |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20250112031838.0 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | fre |
| 042 ## - AUTHENTICATION CODE | |
| Authentication code | dc |
| 100 10 - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Guéné, Stéphane |
| Relator term | author |
| 245 00 - TITLE STATEMENT | |
| Title | Monetary Policy and Aggregates in the Eurozone |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Date of publication, distribution, etc. | 2001.<br/> |
| 500 ## - GENERAL NOTE | |
| General note | 11 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | The first pillar of the European Central Bank&apos;s monetary strategy consists of a reference value for the medium-term growth rate of the M3 monetary aggregate (set at 4.5%). This paper examines whether the special importance given to monetary variables in the conduct of European monetary policy is warranted. Two approaches are used. On the one hand, we ask whether a stable M3 demand function has been observed in the past. On the other, we study what information this aggregate contains for calculating short- to medium-term inflation using a P-Star model. |
| 786 0# - DATA SOURCE ENTRY | |
| Note | Economie & prévision | o 147 | 1 | 2001-02-01 | p. 187-201 | 0249-4744 |
| 856 41 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-economie-et-prevision-1-2001-1-page-187?lang=en">https://shs.cairn.info/journal-economie-et-prevision-1-2001-1-page-187?lang=en</a> |
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