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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...
| Autores principales: | , |
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
| Publicado: |
Board of Trustees of the University of Illinois. Published by Elsevier Inc.
2020
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| 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 |