Due tipi di politica monetaria

Authors

  • J.C.R. DOW

DOI:

https://doi.org/10.13133/2037-3651/10895

Keywords:

Monetary policy, Demand management approach, Monetary targets approach

Abstract

The article traces the origin, development and effectiveness of two types of monetary policy. These are the 'demand management' approach, which uses monetary instruments as a means of maintaining policy, and the 'monetary targets' approach. The United Kingdom has moved from favouring the latter approach to the former, and the reasons behind this change of attitude are discussed. In addition the experiences of Italian governments and monetary policies are outlined.

 

 JEL Codes: E52

 

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Published

2013-10-24

Issue

Vol. 43 No. 171 (1990)

Section

Articoli

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