Report Detail Summary

A Single or Dual Mandate?

August 12, 2015

The dual mandate presents a potential problem for the monetary authorities. If money is only a veil, the dual mandate is doomed to fail. Attempts to affect the long run growth rate will be unsuccessful. The only effect of the monetary actions will be on the price level.

You must have an active account to view these reports. You may register for a trial here

Download Complete Report in PDF Format

Download Complete Report in Word Format

Copyright © 2018 La Jolla Economics All Rights Reserved
Legal Disclaimer - Privacy Policy - Contact Information - Login

The ValueTiming™ strategy is based on the assumption that politicians and policymakers have particular views of the world, and that they will in general adopt policy measures that are consistent with these views.

Economic Disturbances and Equilibrium in an Integrated Global Economy

Cocktail Economics: Discovering Investment Truths from Everyday Conversations

Understanding Asset Allocation: An Intuitive Approach to Maximizing Your Portfolio