Traps in the Measurement of Independence and Accountability of Central Banks.
Measures of central banks' independence and central banks' accountability which are based on an interpretation of their statutes provide, in themselves, no guidance for the assessment of legislative proposals. In the effectiveness of monetary policy, the crucial considerations relate to ho...
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| Materialtyp: | Working paper |
| Språk: | English |
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Department of Economics (University of Oxford)
2000
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Traps in the measurement of independence and accountability of central banks
Publicerad 2000
Working paper