Bordes, Christian; Clerc, Laurent - In: Revue d'économie politique 120 (2010) 2, pp. 269-302
This paper examines the art of central banking as practised by the European Central Bank (ECB) through the prism of Goodfriend?s [2009] determination of the three policies that fall within the remit of a central bank : monetary policy, which consists in varying the size of the balance sheet,...