00615nam a2200085Ia 4500100002000000245007100020260000900091520041000100583001900510 aClausen, Jens R aEuropean monetary policy : the ongoing debate on conceptual issues c2001 aDiscusses the decisions the European Central Bank (ECB) made concerning its strategy. Analyses the role of money and its leading indicator properties. Describes the ECB's interest rate policy, the development of money aggregates and inflation in the euro area. Deals with the issue of transparency and credibility. Discusses issues related to the macroeconomic adjustment process within the euro area. c1/17/02kJOY_D