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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP8547 |
DP8547 Tactics and Strategy in Monetary Policy: Benjamin Friedman's Thinking and the Swiss National Bank | |
Stefan Gerlach; Thomas Jordan | |
发表日期 | 2011-08-01 |
出版年 | 2011 |
语种 | 英语 |
摘要 | This paper reviews the tactics and strategy of monetary policy in Switzerland, using a selection of Benjamin Friedman?s papers to organize the discussion, and starting in the early 1970s, when his academic papers started to appear in scholarly journals. The review focuses on the SNB?s experience with monetary targets in 1975-1999, the policy strategy adopted by the SNB in 2000, and the SNB?s experiences during the financial crisis that started in August 2007. On many occasions, Benjamin Friedman?s and the SNB?s thinking converge, while on others, they diverge. |
主题 | International Macroeconomics |
关键词 | Financial crisis Inflation targeting monetary policy Monetary targeting Swiss national bank |
URL | https://cepr.org/publications/dp8547 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/537380 |
推荐引用方式 GB/T 7714 | Stefan Gerlach,Thomas Jordan. DP8547 Tactics and Strategy in Monetary Policy: Benjamin Friedman's Thinking and the Swiss National Bank. 2011. |
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