Two Fallacies Concerning Central Bank Independence
收藏NBER1995-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w5075
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资源简介：
This paper takes issue with two basic conclusions prevalent in the literature on central bank behavior. First, the paper argues that it is inappropriate to presume that central banks will, in the absence of any precommitment technology, necessarily behave in a 'discretionary' fashion that implies an
提供机构：
美国国家经济研究局
创建时间：
1995-03-01
