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The widespread failure of central banks to control inflation

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  • Willem H Buiter

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  • Willem H Buiter, 2023. "The widespread failure of central banks to control inflation," Economic Affairs, Wiley Blackwell, vol. 43(1), pages 2-31, February.
  • Handle: RePEc:bla:ecaffa:v:43:y:2023:i:1:p:2-31
    DOI: 10.1111/ecaf.12555
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    References listed on IDEAS

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    1. Saleem Bahaj & Ricardo Reis, 2022. "The Economics of Liquidity Lines Between Central Banks," Annual Review of Financial Economics, Annual Reviews, vol. 14(1), pages 57-74, November.
    2. Holston, Kathryn & Laubach, Thomas & Williams, John C., 2017. "Measuring the natural rate of interest: International trends and determinants," Journal of International Economics, Elsevier, vol. 108(S1), pages 59-75.
    3. John B. Taylor, 1999. "Monetary Policy Rules," NBER Books, National Bureau of Economic Research, Inc, number tayl99-1.
    4. Michael J. Fleming, 2020. "Treasury Market Liquidity and the Federal Reserve during the COVID-19 Pandemic," Liberty Street Economics 20200529a, Federal Reserve Bank of New York.
    5. Thomas Laubach & John C. Williams, 2003. "Measuring the Natural Rate of Interest," The Review of Economics and Statistics, MIT Press, vol. 85(4), pages 1063-1070, November.
    6. Taylor, John B., 1993. "Discretion versus policy rules in practice," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 39(1), pages 195-214, December.
    7. Michael J. Fleming & Francisco Ruela, 2020. "Treasury Market Liquidity during the COVID-19 Crisis," Liberty Street Economics 20200417, Federal Reserve Bank of New York.
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    Cited by:

    1. José Manuel González-Páramo, 2024. "In Defense of Central Bank Independence against its Enthusiasts," Hacienda Pública Española / Review of Public Economics, IEF, vol. 250(3), pages 109-128, September.

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