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MONETARY CONTROL：THE SWISS EXPERIENCE
Monetary Targeting MONETARY CONTROL SWISS EXPERIENCE Swiss National Bank
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2008/12/8
The switch to a floating exchange rate in January 1973 must surely
be regarded as the most significant event in recent Swiss monetary
history. The adoption ofa floating exchange rateconsiderably enh...
MONETARY CONTROL AND THE POLITICAL BUSINESS CYCLE
MONETARY CONTROL POLITICAL BUSINESS CYCLE
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2008/12/8
Introduction
This paper might equally well be entitled, “Political Control and
the Monetary Business Cycle.” The observations I will offer reflect
25 years of following current events and studying ...