Alternative techniques of monetary control with special reference to Australia

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dc.contributor Bank of Finland
dc.contributor.author James, Ian
dc.date.accessioned 2021-07-27T11:31:20Z
dc.date.available 2021-07-27T11:31:20Z
dc.date.issued 1975
dc.identifier.uri https://helda.helsinki.fi/bof/handle/123456789/18058
dc.description.abstract In recent years there has been renewed interest in the use of monetary policy as a stabilization tool. While there has been much dispute as to the role that monetary policy should play in economic stabilization, it has become increasingly popular for academic economists, especially in North America, to view open market operations, i.e., the buying and selling of government securities, as the sine-qua-non of monetary control. Thus open market operations, through the control they exert on the money supply, are seen as the most efficient means by which the monetary authorities can affect the general level of liquidity in the economy and, therefore, as the principal tool in using monetary policy as an aid to achieving economic stability .
dc.format.extent 28
dc.language.iso ENG
dc.rights https://helda.helsinki.fi/bof/copyright
dc.title Alternative techniques of monetary control with special reference to Australia
dc.type Paper
dc.identifier.urn URN:NBN:fi:bof-202107271353
dc.series.name Keskustelualoitteita. Discussion Papers
dc.series.year 1975
dc.series.number 11/1975
dc.series.sortingnumber 0011
dc.date.publication 31.7.1975
dc.contributor.orgunit Suomen Pankin Kansantalouden osasto
dc.contributor.orgunit Bank of Finland Economics Department

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