Dieser Beitrag enthält eine selektive und zeitgerechte Darstellung der Literatur über die möglichen Rollen der monetären Basis in der Geldpolitik. Er unterstreicht, dass, während die monetäre Basis den Kern des Zentralbankgeschäfts bildet und letztlich das Instrument ist, das es den...

In this paper, we use a fairly simple monetary macro model to calculate the quarterly measures of exchange market pressure and the degree of the Bank of Finland's intervention during the time the markka was floated.Exchange market pressure measures the size of the exchange rate change that would...

In this paper, we use a fairly simple monetary macro model to calculate the quarterly measures of exchange market pressure and the degree of the Bank of Finland's intervention during the time the markka was floated. Exchange market pressure measures the size of the exchange rate change that...