Journal Article
Maintaining central bank credibility
Abstract: Central banks around the world potentially face a skeptical public when they announce a commitment to controlling inflation. Some economists have argued that, to enhance credibility, central banks should adopt monetary growth rules or other institutional arrangements. Yet it appears there are no costless solutions to the credibility problem.
Keywords: Monetary policy; Banks and banking, Central;
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File(s): File format is application/pdf https://www.kansascityfed.org/documents/1034/Maintaining_Central_Bank_Credibility467A628F-17C3-4550-BCC9-89D8D88CF2FA.pdf
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Bibliographic Information
Provider: Federal Reserve Bank of Kansas City
Part of Series: Economic Review
Publication Date: 1988
Volume: 73
Issue: Sep
Pages: 3-15