Controllability of various monetary aggregates / (Record no. 6961)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 01538naa a2200193Ia 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 160503s9999 xx 000 0 und d |
| 001 - CONTROL NUMBER | |
| control field | art0531 |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Lamberte, Mario B. |
| 245 ## - TITLE STATEMENT | |
| Title | Controllability of various monetary aggregates / |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | p.230-256 |
| 490 ## - SERIES STATEMENT | |
| Series statement | Vol. 11 No. 2 Second Sem 1984 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | This study attempts to determine the extent to which the various monetary aggregates can be controlled by the Cental Bank. The Central Bank of the Philippines currently uses monetary aggregates as intermediate targets of monetary policy. The success of this strategy defends on two conditions. One, the aggregates bear a close and predictable relationship to the ultimate target variable, say GNP, which policymakers seek to influence. In this case, the monetary aggregates can indicate what will happen to the ultimate target variable as a result of policy actions taken by the Central bank. The second condition is that the monetary authority can control movements of the aggregates by simply adjusting the instruments of monetary policy as it would be meaningless to target a variable over which Central Bank has no control. The monetary aggregates that satisfy both conditions can then serve as indicators of policy actions as well as movements of economic activity |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | Central Banks |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | Monetary aggregates |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | Monetary policy |
| 773 ## - HOST ITEM ENTRY | |
| Record control number | jpd1 |
| Title | Journal of Philippine Development |
| 856 ## - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | http://dirp3.pids.gov.ph/ris/pjd/pidsjpd84-2monetary.pdf |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Koha item type | Journal Articles |
| Source of classification or shelving scheme | |
No items available.