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