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Does central bank independence reflect monetary commitment properly? Methodical considerations

Central bank independence (CBI) has attracted much attention in economics and politics in recent years. The concept is based on the political economy literature on monetary policy. In this paper, we argue that CBI is an incomplete approximation to legal monetary commitment. We first discuss the nat...

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Bibliografiska uppgifter
Huvudupphov: Andreas Freytag
Materialtyp: Artigo
Språk:Inglês
Utgiven: Associazione Economia civile 2012-04-01
Serie:PSL Quarterly Review
Ämnen:
Länkar:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/9931
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