Central Banks, Inflation Targeting and Employment Creation
by Gerald Epstein
Publisher: International Labour Organization 2007
Number of pages: 52
Argues that monetary policy should be expanded to consider employment creation along with inflation control in those countries where unemployment and underemployment are a cause for concern. Discusses a range of policy options that can be used to pursue this goal, including credit allocation policies, supporting development banks and devising regulations in support of development lending.
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