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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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1. autor: Will Bateman
Format: Artigo
Język:Inglês
Wydane: Cambridge University Press
Seria:Finance and Society
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Dostęp online:https://www.cambridge.org/core/product/identifier/S2059599924000268/type/journal_article
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