The new normal? Central banks as social insurers and reputation-protecting political agents
An idée fixe of Great Moderation economic policy was that central banks are only effective macroeconomic managers when they are segregated from electoral politics. That idea made a swift transition from radical heterodoxy to commonsensical orthodoxy during the 1980s and proved remarkably resistant t...
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| Автор: | |
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| Формат: | Artigo |
| Мова: | Inglês |
| Опубліковано: |
Cambridge University Press
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| Серія: | Finance and Society |
| Предмети: | |
| Онлайн доступ: | https://www.cambridge.org/core/product/identifier/S2059599924000268/type/journal_article |
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