The Automobile Industry and Monetary Policy: An International Perspective

The automobile industry has long been viewed as a key sector for business economists in preparing their assessments of macroeconomic activity. Central bankers are also concerned about developments in the industry for similar reasons. However, from the perspective of central bankers in the developed...

Full description

Saved in:
Bibliographic Details
Published in:Business economics (Cleveland, Ohio) Ohio), 1994-10, Vol.29 (4), p.29-35
Main Authors: Ballew, Paul, Schnorbus, Robert, Hesse, Helmut
Format: Article
Language:English
Subjects:
Analysis
Automobile industry
Automobile sales
Automobiles
Automotive industries
Business conditions
Business cycles
Central banks
Durable goods
Economic activity
Economic conditions
Economic development
Economic growth
Economic policy
Employment
Exports
GDP
Gross Domestic Product
Impacts
Industrial market
Industrial production
Industry
Influence
Manufacturing
Manufacturing industries
Market shares
Monetary policy
Policy making
Price increases
Productivity
Recessions
Service industries
WORLDWIDE AUTOMOBILE INDUSTRY
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:The automobile industry has long been viewed as a key sector for business economists in preparing their assessments of macroeconomic activity. Central bankers are also concerned about developments in the industry for similar reasons. However, from the perspective of central bankers in the developed world, the auto sector provides insights beyond macroeconomic analysis. As a key barometer of adjustments in the manufacturing sector, the industry provides substantial insights essential to formulating monetary policy. The insights offered are particularly important in periods of substantial adjustments in the economy.
ISSN:0007-666X
1554-432X