Swiss Journal of Economics and Statistics

, Volume 146, Issue 1, pp 261–267 | Cite as

Discussion of “The Role of Monetary Aggregates in the Policy Analysis of the Swiss National Bank” by Gebhard Kirchgässner and Jürgen Wolters

  • Samuel ReynardEmail author
Open Access


  1. Jordan, Thomas J., Michel Peytrignet, and Georg Rich (2001), “The Role of M3 in the Policy Analysis of the Swiss National Bank”, in: H.-J. Kloeckers and C. Willeke (eds), Monetary Analysis: Tools and Applications, European Central Bank, pp. 47–62.Google Scholar
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  3. Reynard, Samuel (2006), “Money and the Great Disinflation”, SNB Working Paper 2006–7.Google Scholar
  4. Reynard, Samuel (2007), “Maintaining Low Inflation: Money, Interest Rates, and Policy Stance”, Journal of Monetary Economics, 54(5), pp. 1441–1471.CrossRefGoogle Scholar

Copyright information

© Swiss Society of Economics and Statistics 2010

Authors and Affiliations

  1. 1.Swiss National BankZurichSwitzerland

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