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Maintaining central bank credibility

Author

Listed:
  • Anne C. Sibert
  • Stuart E. Weiner

Abstract

Central banks around the world potentially face a skeptical public when they announce a commitment to controlling inflation. Some economists have argued that, to enhance credibility, central banks should adopt monetary growth rules or other institutional arrangements. Yet it appears there are no costless solutions to the credibility problem.

Suggested Citation

  • Anne C. Sibert & Stuart E. Weiner, 1988. "Maintaining central bank credibility," Economic Review, Federal Reserve Bank of Kansas City, vol. 73(Sep), pages 3-15.
    • Handle: RePEc:fip:fedker:y:1988:i:sep:p:3-15:n:v.73no.8
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    File URL: https://www.kansascityfed.org/documents/1034/Maintaining_Central_Bank_Credibility467A628F-17C3-4550-BCC9-89D8D88CF2FA.pdf
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