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The American economic review, 1995-05, Vol.85 (2), p.201-206
Ort / Verlag
Menasha, Wis: American Economic Association
Erscheinungsjahr
1995
Link zum Volltext
Quelle
EBSCOhost Business Source Ultimate
Beschreibungen/Notizen
The case for central-bank independence (CBI), while not a new one, has been strengthened by a growing body of empirical evidence, by recent developments in economic theory, and by the temper of the times. The case is a strong one, which is becoming part of the Washington, DC, orthodoxy. An effort is made to make more precise the type of CBI that is likely to enhance economic performance, and to point to some remaining open issues and anomalies.