Frisell, Lars; Roszbach, Kasper F.; Spagnolo, Giancarlo - C.E.P.R. Discussion Papers - 2008
market turmoil reminded us - central banks play a crucial role in financial markets not only in setting monetary policy, but … number of central banks in light of their complex role of inflation guardians, bankers’ banks, financial industry regulators … structure for governor and board members, the balance between central banks’ multiple objectives, and the need for term limits …