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Roberto Alfonso Montenegro Robles
Pág. 41 - 47
To develops an adequate an monetary policy, in a small open economy like the Colombian, must take in to account, the Trilema of monetary policy and the nominal anchor of the economy, in this context, the central bank role is that the decide which is the ...
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Gordana Jevdovic,Ivan Milenkovic
Pág. 125 - 133
The conventional macroeconomic paradigm is that monetary policy provides the nominal anchor for inflation expectations and that fiscal policy is disciplined in implementing credible and timely revenue-expenditure measures when debt rises, in order to ens...
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Memet Agustiar,Fariastuti Djafar,Afrizal Afrizal
Pág. 51 - 56
This paper constructs an Optimum Currency Area (OCA) Index by using the gold price as a nominal anchor and substitute for the US Dollar. The use of gold Dinar is in line with the spirit for implementing Sunnah money (gold Dinar). The method used for esti...
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