文章基本信息

标题：Does Globalization Weaken Monetary Policy?
本地全文：下载
作者：Matthew Davis
期刊名称：NBER Digest
出版年度：2008
卷号：FEB
页码：4-4
出版社：National Bureau of Economic Research, Inc.
摘要：Today there is a growing unease, even among some proponents of globalization, that the increasingly free flow of goods and capital around the globe may be eroding the ability of central banks to accomplish one of their most vital tasks: controlling inflation within their national borders. But in Globalization and Monetary Control (NBER Working Paper No. 13329), NBER Research Associate Michael Woodford concludes that, although globalization certainly poses new challenges, central banks large and small still retain considerable power to keep inflation in check.