CORDIS Project
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EUROCBH examines the historical evolution of central bank independence, focusing on the Bank of France and the Bank of Italy from the late 19th century to World War II. The project aims to understand the role of central banks in economic stability and investment during crises.
Will central bank independence continue?
In economic literature, there is a large consensus that the optimal statute for a central bank should be founded on the principles of independence and price stability.
Over the past 30 years, most central banks across the advanced economies have been given the ability to conduct monetary policy independently from interference by fiscal and political authorities.
In the post financial crisis era, however, central banks in many countries have been entruste…
PARIS SCHOOL OF ECONOMICS EEP PSE
ECOLE D'ECONOMIE DE PARIS
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