IESE Insight
How to Keep Central Banks Independent
Fecha: 11/07/2019
Autor / es: Bolton, Patrick; Cecchetti, Stephen; Danthine, Jean-Pierre; Vives, Xavier
Tipo de documento: Opinion
Áreas: Economics; Finance
Sector: Commercial and saving banks; Investment banks
Idiomas: Spanish / English
Cita bibliogr√°fica: Bolton, Patrick; Cecchetti, Stephen; Danthine, Jean-Pierre; Vives, Xavier, "How to Keep Central Banks Independent". Project Syndicate 11/07/2019

Some observers say central banks can best mitigate risks to their independence by returning to the narrow price-stability mandate that served them so well prior to the global financial crisis. But this advice is misguided: central banks must revive their original role as guardians of financial stability.

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