Central Bank Independence and Financial Stability: Orthodox and Heterodox Approaches

This study argues that post-crisis discussions on central bank independence are less about a choice of a level of independence but more about a relation between the independence and the central bank mandate in financial stability. An offered hypothesis states that an increasing role of financial fac...

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Bibliographic Details
Main Author: Viktor Koziuk
Format: Article
Language:English
Published: National Bank of Ukraine 2017-03-01
Series:Visnyk of the National Bank of Ukraine
Subjects:
Online Access:https://journal.bank.gov.ua/en/article/2017/239/01