Checks and balances, private information, and the credibility of monetary commitments / Philip Keefer, David Stasavage

In economically volatile conditions in which it is more difficult for the public to distinguish inflation deliberately generated by government from inflation created by unanticipated economic shocks, the anti-inflationary effect of central bank independence will be unchanged but the effectiveness of...

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Bibliographic Details
Main Authors:Keefer, Philip
Corporate Authors:World Bank
Other Authors:Stasavage, David
Format: Online-Resource
Language:English
Published:Washington, DC : World Bank, Development Research Group, Regulation and Competition Policy, 2001
Series:Policy research working paper
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