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Central bank independence and the Federal Reserve's new operating regime()

The Federal Reserve is exposed to a greater degree of political influence under its new operating regime. We survey the relevant literature and describe the Fed's new operating regime. Then we explain how the regime change reduced de facto central bank independence. In brief, the regime change...

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Detalles Bibliográficos
Autores principales: Jordan, Jerry L., Luther, William J.
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Board of Trustees of the University of Illinois. Published by Elsevier Inc. 2020
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7554479/
https://www.ncbi.nlm.nih.gov/pubmed/33071531
http://dx.doi.org/10.1016/j.qref.2020.10.006