Monetary Policy in Fossil Fuel Exporters : The Curse of Horizons
This paper examines the role of monetary policy in fossil fuel exporters at different horizons. The main argument is that central banks in these economies need to look beyond the horizon of the business cycle. In the short run, (independent) moneta...
Main Author: | Arezki, Rabah |
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Format: | Working Paper |
Language: | English |
Published: |
World Bank, Washington, DC
2019
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/237551560255567369/Monetary-Policy-in-Fossil-Fuel-Exporters-The-Curse-of-Horizons http://hdl.handle.net/10986/31871 |
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