Domestication of monetary policy


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Abstract

The article touches upon the issue of the independence of monetary policy, the impossible trinity, and the exchange-rate policy. It has been shown that independent monetary policy is possible and estimates of the limits of its independency have been given.

About the authors

A. K. Moiseev

Institute of Economic Forecasting

Author for correspondence.
Email: akm@recep.ru
Russian Federation, Moscow

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