Mishkin, Frederic S. - Federal Reserve Board (Board of Governors of the … - 2007
occurred with the granting of instrument independence
to the Bank of England in May of 1997 (Mishkin and Posen, 1997; Bernanke … central role in the collapse of economic activity during that period (Mishkin,
1978; Bernanke, 1983; and the survey in ….g., Bernanke and Gertler, 1999,
2001; Bernanke, Gertler, and Gilchrist, 1999; Kashyap and Stein, 1994). Indeed, it is now well …