An overview and comparison of monetary policies in the United States and the world's leading industrial countries is provided here. Following an introduction, the Handbook is divided into three parts. Part I deals with monetary policy and the money supply process, monetary policy and economic activity, monetary policy and inflation, monetary policy and regulation, and monetary policy and bank regulation. Part II covers monetary policy in the United States, and Part III includes chapters examining monetary policy in each of the other G-7 countries. A final chapter discusses monetary policy coordination in the European Monetary System.

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