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The dominant discourse of central bank independence

Monk, David Roger


The period from 1960 to 2000 saw a major evolution in monetary policy and institutions. This dissertation makes the claim that there is a better explanation of these events than the typical narrative, or dominant discourse. The typical narrative is that a relationship between inflation and unemployment (the Phillips Curve) was proposed around 1960. One interpretation of the relationship was that increasing aggregate demand would reduce...[Show more]

CollectionsOpen Access Theses
Date published: 2017
Type: Thesis (PhD)
DOI: 10.25911/5d666430826f8


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