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The Conduct of Monetary Policy in an Open Economy

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Monetary Economics in the 1990s

Part of the book series: Studies in Banking and International Finance ((SBIF))

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Abstract

A lecture on the ‘Conduct of Monetary Policy in an Open Economy’ is easily linked to the ideas of Henry Thornton who contributed significantly to the theory of money of his time, even though the underlying conditions have changed at the end of the twentieth century.

This lecture was delivered on 15 November 1993 at City University, London.

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Notes

  1. King, Mervyn (1993) ‘The Bundesbank: a view from the Bank of England’, Quarterly Bulletin, Bank of England, Vol. 33, pp. 269–74.

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  2. John Maynard Keynes (1920) The Economic Consequences of Peace (London: Macmillan Press).

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© 1996 Forrest Capie and Geoffrey E. Wood

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Schlesinger, H. (1996). The Conduct of Monetary Policy in an Open Economy. In: Capie, F., Wood, G.E. (eds) Monetary Economics in the 1990s. Studies in Banking and International Finance. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-25204-6_8

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