The Political Economy of Central-Bank Independence
AbstractIt is often argued that a high level of central-band independence coupled with an explicit mandate that the bank aim for price stability are important institutional devices for maintaining that stability. Indeed, a number of countries have recently increased the independence of their central banks in order to raise their commitment to price stability.
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Bibliographic InfoPaper provided by International Economics Section, Departement of Economics Princeton University, in its series Princeton Studies in International Economics with number 19.
Length: 82 pages
Date of creation: 1996
Date of revision:
Contact details of provider:
Postal: International Finance Section, Department of Economics Princeton University, Princeton, New Jersey, U.S.A
Phone: (609) 258-4000
Fax: (609) 258-6419
Web page: http://www.econ.princeton.edu/
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CENTRAL BANKS; MONETARY POLICY;
Other versions of this item:
- Eijffinger, S. & De Hann, J., 1995. "The Political Economy of Central Bank Independence," Papers 9587, Tilburg - Center for Economic Research.
- E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
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