What goals were mandated for central banks

Reference no: EM13897730

1. Are there, in general, any problems with the application of cointegration techniques to money supply functions, or with the interpretation of estimates? Can these estimates be relied upon? Discuss.

2. Historically, what goals were mandated for central banks? Why have the goals pursued in recent years been narrowed to "in?ation targeting"?

Reference no: EM13897730

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