Political-Economy

Online First Journal of Money, Credit and Banking 24 Oct 2024

Central Bank Independence at Low Interest Rates

BENJAMÍN GARCÍA · ARSENIOS SKAPERDAS

This paper constructs a new measure of political pressure on the Federal Reserve from textual analysis of Fed Chairs’ testimonies at Humphrey-Hawkins congressional hearings, and documents that …

Central Bank Independence Monetary Policy Unconventional Monetary Policy Political Economy Free Read ↗

— — views