A economia do Banco Central

Abstract

This paper is a broad survey of recent developments in both theoretical and empirical research on the meaning oi central banking independence, its meastIrement, the interaction with the government, and the effect of this independence on the perfonnance of the economy. It also addresses central banking issues that are relevant for developed as well as for developing economies, and discusses the prob­ lems faced by the former socialist economies and the barriers to be overcome in the road to monetary union in Europe. Finally, it analyzes some recent effects of instrument uncertainty and uncertainty about the structure of the economy on policy choices.

Cite this work

No public copy is stored for this record, so only the metadata is cited.

Stored only when both papers are in the corpus — 11 citations exist upstream.

Papers that cite the same references — the relational fallback while embeddings are still backfilling.