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Putting Monetary Policy in Its Political Place

Even though a central bank has formal independence, the success of its actions are part of an interdependent system of policies in which elected governments have a role too. In the making of monetary policy, economists have technical expertise but politicians claim electoral legitimacy. This... Full description

1st Person: Rose, Richard
Source: in Journal of public policy Vol. 22, No. 2 (2002), p. 257-269
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Type of Publication: Article
Language: English
Published: 2002
Keywords: research-article
Online: Volltext
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