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Concept information

... > social science subjects > business and management > international business > international finance > international monetary system > monetary policy: rules versus discretion
... > social science subjects > business and management > finance > international finance > international monetary system > monetary policy: rules versus discretion
... > social science subjects > business and management > finance > monetary systems > international monetary system > monetary policy: rules versus discretion
... > social science subjects > economics > macroeconomics > monetary theory > monetary systems > international monetary system > monetary policy: rules versus discretion

Preferred term

monetary policy: rules versus discretion  

Definition(s)

  • Under a classical gold standard, there is little need for a central bank other than to provide coordination to the payments system. The value of money is determined by the supply of and the demand for gold. [Source: Encyclopedia of Business in Today's World; Monetary Policy: Rules Versus Discretion]

Broader concept(s)

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URI

http://data.loterre.fr/ark:/67375/N9J-F76M3L5Q-5

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