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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| Format: | Artigo |
| Idioma: | Inglês |
| Publicat: |
Cambridge University Press
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| Col·lecció: | Finance and Society |
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| Accés en línia: | https://www.cambridge.org/core/product/identifier/S2059599924000268/type/journal_article |
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