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Implications of Globalization for Monetary Policy
By:Mr. Helmut Wagner
Published on 2001-11-01 by International Monetary Fund

This paper argues that the implications of globalization for monetary policy come mainly through two channels: On the one hand, the many structural changes that are associated with the globalization process cause an increase in the uncertainty surrounding monetary policy. This includes an increase in uncertainty about how to interpret macroeconomic data/indicators and about the monetary transmission mechanism. On the other hand, by strengthening the process of global economic integration, globalization increases international competition, thereby forcing market players to make structural adjustments or reforms that change the conditions or constraints under which monetary policy is implemented.

This Book was ranked at 28 by Google Books for keyword Nominal rigidity.

Book ID of Implications of Globalization for Monetary Policy's Books is 3o2Imbp7tb8C, Book which was written byMr. Helmut Wagnerhave ETAG "HcluqkSLUZw"

Book which was published by International Monetary Fund since 2001-11-01 have ISBNs, ISBN 13 Code is 9781451904727 and ISBN 10 Code is 145190472X

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Book which have "62 Pages" is Printed at BOOK under CategoryBusiness and Economics

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