Maintaining central bank credibility

Anne Sibert and Stuart E. Weiner

Economic Review, 1988, vol. 73, issue Sep, 3-15

Abstract: Central banks around the world potentially face a skeptical public when they announce a commitment to controlling inflation. Some economists have argued that, to enhance credibility, central banks should adopt monetary growth rules or other institutional arrangements. Yet it appears there are no costless solutions to the credibility problem.

Keywords: Monetary policy; Banks and banking, Central (search for similar items in EconPapers)
Date: 1988
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