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Monetary Policy Environment and the Current Monetary Policy Framework in Nepal

Economic Journal of Nepal

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Title Monetary Policy Environment and the Current Monetary Policy Framework in Nepal
 
Creator Thapa, Nar Bahadur; Research Division, Nepal Rastra Bank, Kathmandu
 
Subject Economics
Monetary policy; Philips Curve; Nepal
Monetary policy
 
Description Monetary theories generally shape the framework of monetary policy. This paper briefly discusses the role of the Phillips Curve. Time Inconsistent Problem and the Real Business Cycle Theory in the evolution of the present framework of monetary policy at the global level. Following this, it delves into the operational framework in place in Nepal. In addition, the current issues relating to the operation of monetary policy in Nepal are also discussed with due consideration to the role of financial environment in the implementation of monetary policy.Key words: Monetary policy; Philips Curve; NepalEconomic Journal of Nepal A Quarterly Publication of the Central Department of Economics, Tribhuvan University, Kirtipur, KathmanduVol. 30, No.3, July-September, 2007Page :125-146Uploaded date: 21 July, 2011
 
Publisher Central Department of Economics Tribhuvan University
 
Contributor
 
Date 2011-07-26
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion


 
Identifier http://www.nepjol.info/index.php/EJON/article/view/5131
 
Source Economic Journal of Nepal; Vol 30, No 3 (2007); 125-146
 
Language en
 
Coverage Nepal