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Conservative central banks: how conservative should a central bank be?
Scottish Journal of Political Economy, 2017AbstractUsing Rogoff's, 1985 model, we determine how inflation averse a central banker should be, given the level of volatility and projected output gap in the economy. We confirm a strong degree of conservatism, almost twice what society would have chosen.
Hallett, Andrew Hughes +1 more
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2008
Central bank independence refers to the freedom of monetary policymakers from direct political or governmental influence in the conduct of policy.
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Central bank independence refers to the freedom of monetary policymakers from direct political or governmental influence in the conduct of policy.
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Disrupting Central Banking or Shadow Central Banking
Abstract Private entities have recently attempted to invade the realm of central banking. This chapter identifies such activity as ‘shadow central banking’, and draws analogies to the previous emergence of ‘shadow banking’ more generally.openaire +1 more source
2016
Central banks date from the late nineteenth century but the great majority from the twentieth century. They are institutions whose principal purpose is to provide stable monetary and financial conditions, though their functions have varied over time. Claims made for the banks’ powers have often been greater than was merited.
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Central banks date from the late nineteenth century but the great majority from the twentieth century. They are institutions whose principal purpose is to provide stable monetary and financial conditions, though their functions have varied over time. Claims made for the banks’ powers have often been greater than was merited.
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Brain and other central nervous system tumor statistics, 2021
Ca-A Cancer Journal for Clinicians, 2021Kimberly D Miller +2 more
exaly