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This paper focuses on the issue of the information asymmetry between the Federal Reserve Bank and commercial …
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inflation are lower in countries where the Central Bank, which conducts monetary policy, does not supervise the stability of the …
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and central bank conservatism on economic performance. Several striking conclusions emerge. In relatively centralized … of central bank conservatism. A radical-populist central banker who cares not at all about inflation (alternatively, who …
Persistent link: https://www.econbiz.de/10013249145
and central bank conservatism on economic performance. Several striking conclusions emerge. In relatively centralized … of central bank conservatism. A radical-populist central banker who cares not at all about inflation (alternatively, who …
Persistent link: https://www.econbiz.de/10012472011
Inflation expectations constitute a subject of particular contemporary interest to central banks, especially those pursuing a monetary policy based on a strategy of direct inflation targeting. Macroeconomic theory indicates that the transmission of monetary policy impulses and their impact on...
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