Intitutions and monetary policy : credibility, flexibility and central bank independence /

Bibliographische Detailangaben
1. Verfasser: Schaling, Eric, 1962-
Format: Buch
Sprache:Inglés
Veröffentlicht: Great Britain : Edward Elgar, 1995.
Schlagworte:
Inhaltsangabe:
  • 1. Introduction.
  • 2. A history of the rules versus discretion debate.
  • 3. Central bank independence in twelve industrial countries.
  • 4. Central bank independece: theory and evidence.
  • 5. Central bank independence, monetary accommodation and inflation persistence.
  • 6. Inflation, growth and the optimal degree of central bank independece.
  • 7. Wage formation, monetary targeting and the optimal degree of central bank independece.
  • 8. Summary and concluding remarks.