A Short History of Central Bank Independence
How an idea from the 1970s became a global institutional standard.
18:30 · Aula Magna, Via dei Filosofi 12
What you will learn
The theory of time inconsistency, the politics of the Bundesbank model and the design of the ECB.
Why it matters now
As inflation returns, so do questions about who should be accountable for it.
Syllabus & schedule
Readings: Tucker, Unelected Power, ch. 1–2; Kydland & Prescott (1977). Schedule as per series.
Organizer
Davide Moretti
Research fellow
Sciences Po
Guests
Dr. Tomas Weiler
Senior Economist
European Central Bank
Part of the series
Money, Central Banks and Democracy
See all workshops in the series →