Central Banks - Paradise Lost

Research, Preprint OPEN
Issing, Otmar;
  • Publisher: Goethe University, Center for Financial Studies (CFS) Frankfurt a. M.
  • Subject: Welt | E52 | E44 | E58 | Reputation | Finanzmarktkrise | Staatliche Information | Central banking, Financial stability, Monetary policy | Zentralbank | Bubbles | Geldpolitik | Inflationsbekämpfung
    • jel: jel:E52 | jel:E58 | jel:E44
      ddc: ddc:330

The focus of the paper is to analyze how the concept behind central bank policy developed over time and how the recent financial crisis and its consequences will have an influence. While the principles of the institutional arrangement for central banks (independence, cl... View more
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