What incentives arise for a central bank to fall into the time-inconsistency trap of pursuing overly expansionary

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What incentives arise for a central bank to fall into the time-inconsistency trap of pursuing overly expansionary monetary policy?

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Economics of Money, Banking and Financial Markets

ISBN: 978-0321598905

9th Edition

Authors: Frederic S. Mishkin

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Question Posted: Aug 12, 2012 04:27 AM

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What incentives arise for a central bank to fall into the time-inconsistency trap of pursuing overly expansionary

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