Various facts which belong to the past, present, and future of Italy, which concern both politics and economics, and which are relevant within a broad discussion of monetary policy support the request for a constitutionalization of the target of monetary stability. Copyright George Mason...

Over the last few years, it has been shown that the institutional constraints on central banks' behavior matter a lot. This paper supplements the existing literature by supplying a detailed listing and an appropriate grouping of the many constraints that have been considered so far; a ranking of...