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Italian monetary policy in the ’80s and ’90s: the revision of the modus operandi

PSL Quarterly Review

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Title Italian monetary policy in the ’80s and ’90s: the revision of the modus operandi
 
Creator SARCINELLI, M.
 
Subject
Banking industry, Monetary policy, Banca d'Italia, Italy
E52
 
Description The 'Modus Operandi' of Italian monetary policy which relies on market-based control was radically changed in the '80s and '90s. However, changes still have to be initiated with relation to the banks' compulsory reserve deposits. The Bank of Italy must also be in step with European standards if it is to be an active participant of the future European System of Central Banks. On the third anniversary of Italy's withdrawal from the EMS Exchange Rate Mechanism (16 September 1992) this work reviews the structural changes that have taken place. This review is restricted to the field of monetary policy. Monetary objectives and instruments are analysed separately.   JEL Codes: E52Keywords: Banking industry, Monetary policy, Banca d'Italia, Italy
 
Publisher Economia civile
 
Contributor
 
Date 2013-10-20
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/10498
 
Source PSL Quarterly Review; Vol 48, No 195 (1995)
PSL Quarterly Review; Vol 48, No 195 (1995)
2037-3643
ISSN 2037-3635
 
Language eng
 
Relation http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/10498/10385
 
Rights Copyright (c) 2016 M. SARCINELLI
http://creativecommons.org/licenses/by-nc-nd/4.0