Economics, Econometrics and Finance
4 years ago

Is Money Still Relevant in Shaping Poland's Monetary Policy?

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RePEc: Research Papers in Economics
Money in monetary policy Information variable? Channel of monetary transmission? What is its role in Poland?
Tomasz Łyziak, Jan Przystupa, Anna Sznajderska, Ewa Wróbel

Paper Summary

The article explores how money plays a role in shaping monetary policy in Poland. It looks at different arguments for and against using monetary aggregates by central banks. The researchers analyze the information content of money and its use in the Polish central bank's monetary policy from 1998 to 2011.

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