Central bank and the monetary commitment

The central bank as the key monetary institution has to assure monetary policy credibility, which is of vital importance in the process of macroeconomic stabilization. The author analyses the concepts of central bank independence and accountability as a basis for successful macroeconomic policy, and...

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Bibliographic Details
Main Author: Jakšić Miomir P.
Format: Article
Language:English
Published: Faculty of Economics, Belgrade 2004-01-01
Series:Ekonomski Anali
Subjects:
Online Access:http://www.doiserbia.nb.rs/img/doi/0013-3264/2004/0013-32640460091J.pdf