Abstract
Stephen Frowen has set a most difficult task for this book: to predict the scope, method and means of operation of monetary policy in the 1990s. The European Community (EC) faces a most uncertain decade: the 1990s promise the integration of markets and there is much talk of a common currency. What might these developments presage for monetary policy?
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References
Bagehot, W. (1873) Lombart Street: A Description of the Money Market, 14th edn. (London: J. Murray, 1915).
Chick, V. (1984) ‘Monetary Increases and their Consequences: Streams, Backwaters and Floods’, in A. Ingham and A. M. Ulph, (eds), Demand, Equilibrium and Trade: Essays in Honour of I, F. Pearce (London: Macmiilan);
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Chick, V. and S. C. Dow (1988) ‘A Post Keynesian Perspective on the Relation between Banking and Regional Development’, in P. Arestis (ed.), Post Keynesian Monetary Theory: New Directions in Financial Modelling (Aldershot, Hants: Edward Elgar).
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© 1993 Stephen F. Frowen
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Chick, V. (1993). The Evolution of the Banking System and the Theory of Monetary Policy. In: Frowen, S.F. (eds) Monetary Theory and Monetary Policy. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-23096-9_6
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DOI: https://doi.org/10.1007/978-1-349-23096-9_6
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-23098-3
Online ISBN: 978-1-349-23096-9
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