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A Limited Central Bank [PDF]

open access: possibleJournal of Applied Corporate Finance, 2019
The President of the Philadelphia Federal Reserve Bank from 2006–2015 discusses the Fed's essential role as preserver of the currency's purchasing power and how the institution might be improved to better fulfill that role. To that end, the author proposes the imposition of four limits on the central bank that, by restricting its discretion, can be ...
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Central Bank independence [PDF]

open access: possible, 2022
No abstract is available.
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