Title
Through the Looking Glass: Central Bank Transparency
Author(s)
Alan S. Blinder Alan Blinder (Princeton University)
Abstract
Research on central banking is a growth industry. A computer search on the phrase central banking conducted on econlit, turned up 980 references in the 1970s, 1929 in the 1980s and a staggering 4921 in the 1900s. Performance like that does not quite match the stock market, but it is close. I will leave it to Bob Shiller to decide whether this growth reflects solid fundamentals or a faddish irrational exuberance, But I will wager that the academic literature on central banking will fall into a slump comparable to the Nasdaq.
Creation Date
2002-12
Section URL ID
CEPS
Paper Number
86
URL
https://gceps.princeton.edu/wp-content/uploads/2017/01/86blinder.pdf
File Function
Jel
E58
Keyword(s)
Suppress
false
Series
3