IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-11516-7_17.html
   My bibliography  Save this book chapter

Monetary Policy, Regulation and International Adjustments

In: Inflation, Open Economies and Resources

Author

Listed:
  • Paul Davidson

Abstract

An underlying assumption of all theories of monetary policy is that the domestic money supply can be controlled by the central bank. Whether one chooses to analyse the effects of changes in the money supply through a Keynesian interest rate mechanism or a Monetarist real balance effect, a prerequisite to making either analysis relevant is that the monetary authorities of the country have the power to limit and change the domestic money supply. A monetary literature, therefore, evolved to analyse whether the tools available to the domestic monetary authorities provided sufficient effects to offset the influence of the public and the banks on the domestic money supply (e.g. Brunner, 1968, Cagan, 1965).

Suggested Citation

  • Paul Davidson, 1991. "Monetary Policy, Regulation and International Adjustments," Palgrave Macmillan Books, in: Louise Davidson (ed.), Inflation, Open Economies and Resources, chapter 17, pages 195-209, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-11516-7_17
    DOI: 10.1007/978-1-349-11516-7_17
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-349-11516-7_17. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.