The Setting of Targets for Monetary Aggregates: A Non-Monetarist View

  • Jaques Baudewyns
Part of the New Approaches in Monetary Policy book series (FMPS, volume 4)


In a great number of countries, it has become the practice to specify targets for certain monetary aggregates over a period ahead. The National Bank of Belgium sets no such targets. This requires an explanation.


Private Sector Monetary Policy Current Account Financial Asset Financial Intermediary 
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Copyright information

© Sijthoff & Noordhoff International Publishers B.V., Alphen aan den Rijn, The Netherlands 1979

Authors and Affiliations

  • Jaques Baudewyns
    • 1
  1. 1.Banque Nationale de BelgiqueBelgique

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