Twenty years ago and earlier most central banks in the world functionned as departments of ministries of finance. They were expected, by law custom or both, to utilize their policy instru-ments to achieve a myriad of objectives like high levels of growth and employment, provision of funds to government for the financing of public expenditures and to address balance of pay
The challenge is to redirect central bank money into the real economy and to the needs of society. I...
In little more than twenty years, it has become widely accepted that the optimal design of monetary ...
This paper examines the implications of central bank independence for equilibrium macroeconomic perf...
Twenty years ago and earlier most central banks in the world functionned as departments of ministrie...
Around the world, central banks are the gatekeepers of a country’s financial system, ensuring the sm...
No Central Bank has the independent ability to set its own goals; top appointments are typically mad...
The course of economic processes of economy is regulated by its products and production factors in w...
David Ricardo’s ideas represent, nowadays, a closer representation of the functioning of monetary po...
discussed three alternative institutional arrangements through which governments can exercise respon...
Conventional economic policy models focus only on selected elements of the central bank balance shee...
The history of central banks is rich in modifications to their role and functions. In the last thirt...
The tension between policy decisions taken by technocrats versus those responsive to the popular wil...
In the modern analysis of monetary policy a central bank governance plays a fundamental role. This c...
A sufficient and appropriate degree of central bank independence is widely acknowledged to be necess...
Today, both policymakers and academicians consider that the central bank’s main goal is to guarantee...
The challenge is to redirect central bank money into the real economy and to the needs of society. I...
In little more than twenty years, it has become widely accepted that the optimal design of monetary ...
This paper examines the implications of central bank independence for equilibrium macroeconomic perf...
Twenty years ago and earlier most central banks in the world functionned as departments of ministrie...
Around the world, central banks are the gatekeepers of a country’s financial system, ensuring the sm...
No Central Bank has the independent ability to set its own goals; top appointments are typically mad...
The course of economic processes of economy is regulated by its products and production factors in w...
David Ricardo’s ideas represent, nowadays, a closer representation of the functioning of monetary po...
discussed three alternative institutional arrangements through which governments can exercise respon...
Conventional economic policy models focus only on selected elements of the central bank balance shee...
The history of central banks is rich in modifications to their role and functions. In the last thirt...
The tension between policy decisions taken by technocrats versus those responsive to the popular wil...
In the modern analysis of monetary policy a central bank governance plays a fundamental role. This c...
A sufficient and appropriate degree of central bank independence is widely acknowledged to be necess...
Today, both policymakers and academicians consider that the central bank’s main goal is to guarantee...
The challenge is to redirect central bank money into the real economy and to the needs of society. I...
In little more than twenty years, it has become widely accepted that the optimal design of monetary ...
This paper examines the implications of central bank independence for equilibrium macroeconomic perf...