Crucial Issues Concerning Central Bank Independence
收藏NBER1996-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w5597
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资源简介：
This paper argues, first, that it is inappropriate to presume that central banks will, in the absence of any tangible precommitment technology, inevitably behave in a `discretionary' fashion that implies an inflationary bias. Furthermore, there is no necessary tradeoff between `flexibility and
提供机构：
美国国家经济研究局
创建时间：
1996-05-01
