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Some observations on central bank accountability

Author

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  • W. Lee Hoskins

Abstract

An analysis of the institutional design of the Federal Reserve System, stating that the central bank should be given a clear legislative mandate to achieve price-level stability and financial market efficiency, along with the independence and accountability necessary to realize these goals.

Suggested Citation

  • W. Lee Hoskins, 1991. "Some observations on central bank accountability," Economic Commentary, Federal Reserve Bank of Cleveland, issue Oct.
    • Handle: RePEc:fip:fedcec:y:1991:i:oct15
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    Cited by:

    1. Catherine England, 1994. "Regulatory Restructuring: Resolving the Fed's Conflicting Roles," Cato Journal, Cato Journal, Cato Institute, vol. 13(3), pages 367-385, Winter.

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