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Discussion of “The Role of Monetary Aggregates in the Policy Analysis of the Swiss National Bank” by Gebhard Kirchgässner and Jürgen Wolters
Swiss Journal of Economics and Statistics volume 146, pages 261–267 (2010)
References
Jordan, Thomas J., Michel Peytrignet, and Georg Rich (2001), “The Role of M3 in the Policy Analysis of the Swiss National Bank”, in: H.-J. Kloeckers and C. Willeke (eds), Monetary Analysis: Tools and Applications, European Central Bank, pp. 47–62.
Lucas, Robert E. Jr. (2000), “Inflation and Welfare”, Econometrica, 68 (2), pp. 247–274.
Reynard, Samuel (2006), “Money and the Great Disinflation”, SNB Working Paper 2006–7.
Reynard, Samuel (2007), “Maintaining Low Inflation: Money, Interest Rates, and Policy Stance”, Journal of Monetary Economics, 54(5), pp. 1441–1471.
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The views expressed in this discussion are my own and do not necessarily represent those of the SNB.
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Reynard, S. Discussion of “The Role of Monetary Aggregates in the Policy Analysis of the Swiss National Bank” by Gebhard Kirchgässner and Jürgen Wolters. Swiss J Economics Statistics 146, 261–267 (2010). https://doi.org/10.1007/BF03399306
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DOI: https://doi.org/10.1007/BF03399306