Monetary policy operations in corporate security markets confront central banks with choices
that are traditionally perceived to be the prerogative of governments. This article investigates …

Untangling the long history of neoliberalism Neoliberalism is dead. Again. Yet the
philosophy of the free market and the strong state has an uncanny capacity to survive, and …

This book reconsiders the role of the Phillips curve in macroeconomic analysis in the first
twenty years following the famous work by AWH Phillips, after whom it is named. It argues …

This opinion paper presents two proposed token‐based systems to fix the information
system academy's review system. At present, the review system consumes more human …

A new international data set covering over 100 countries for the period 1990–2004 is used
to investigate the relationship between central bank independence (CBI) and inflation. CBI is …

The intellectual justification for modern central banking, time-inconsistency, celebrated its
fortieth anniversary in 2017 alongside the Cambridge Journal of Economics. However, the …

This paper critically assesses the rise of central bank independence (CBI) as an apparent
success story in modern monetary economics. As to the observed rise in CBI since the late …

The case for central bank independence is built on an intellectual two-step. Step one argues
there is a problem of inflation prone government. Step two argues independence is the …

The aim of the paper is to offer a theoretical setting to shed light on how two factors–central
bank design and central banker preferences–assumed progressively a crucial role in the …

Historically high levels of private and public debt coupled with already very low short-term
interest rates appear to limit the options for stimulative monetary policy in many advanced …