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MARKET CONSTRAINTS ON CENTRAL BANK POLICY。
CONSTITUTIONAL EFFICIENCY AND THE EUROPEAN CENTRAL BANK
EUROPEAN CENTRAL BANK CONSTITUTIONAL EFFICIENCY
2008/11/7
Constitutional efficiency, as opposed to the term “efficiency,” used
without the modifying adjective, applies the criterion for judgment to
the operation of an institution over a whole sequence or s...
DOES A LESS ACTIVE CENTRAL BANK LEAD TO GREATER ECONOMIC STABILITY? EVIDENCE FROM THE EUROPEAN MONETARY UNION
CENTRAL BANK GREATER ECONOMIC STABILITY EUROPEAN MONETARY UNION
2008/11/6
On January 1, 1999, 11 European countries gave up the independence
of their monetary policy by joining the European Monetary
Union (EMU). Since that time, these countries have shared a common
curre...
Macroeconomic Effects of Central Bank Transparency:The Case of Brazil
Macroeconomic Effects Central Bank
2008/11/4
Nowadays there is a tendency for central banks to increase transparency
in the conduct of monetary policy. Central bank transparency
could be defined as the existence of symmetric information
betwe...