A limited central bank

Charles Plosser ()

No 86, Speech from Federal Reserve Bank of Philadelphia

Abstract: Cato Institute's 31st Annual Monetary Conference ? Was The Fed a Good Idea? November 14, 2013, Washington, D.C.> President Charles I. Plosser proposes setting limits on the Federal Reserve so that it can better fulfill what he believes is its essential role. He considers restrictions on the types of assets the Fed can buy to limit its interference with markets. He also touches on the Fed's governance and accountability and ways to implement policies that limit discretion and improve outcomes.

Keywords: Federal Reserve System; Monetary policy (search for similar items in EconPapers)
Date: 2013-11-13
New Economics Papers: this item is included in nep-mac and nep-mon
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Citations: View citations in EconPapers (5)

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Related works:
Journal Article: A Limited Central Bank (2019)
Journal Article: A Limited Central Bank (2014)
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