American Economic Review 1997

Central-Bank Independence, Economic Behavior, and Optimal Term Lengths

Christopher J. Waller^1,2; Carl E. Walsh^3,4

¹ University of Notre Dame · ² Federal Reserve Bank of St. Louis · ³ Ifo Institute for Economic Research · ⁴ University of California, Santa Cruz

Abstract

Central-bank independence, economic behavior, and optimal term lengths

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