The Institutions of Monetary Policy - speech by Mervyn King

The Ely Lecture is one of the centrepieces of the Annual Meetings of the American Economic Association. The Lecture is named after Richard T Ely, one of the founder members of the American Economic Association, founded in 1888. The American Economic Association was set up for the purpose of encouraging economic research and discussion, and its membership is predominantly academic.
Published on 04 January 2004

The Annual Meetings will be held between 3 and 5 January 2004 in San Diego, California.

In his lecture, Mervyn King, Governor of the Bank of England, sets out for an academic audience some key theoretical questions lying behind current approaches to monetary policy, and in particular, the nature of monetary institutions.

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