Stable Money and Central Bank Independence: Implementing Monetary Institutions in Postwar Germany

Germany prides itself in having one of the most successful central banks and currencies with respect to independence and stability. I show that not only were both imposed on the country after 1945 but that there was also initial resistance to both among German experts and officials. This was then a...

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Bibliographic Details
Published in:MAGKS - Joint Discussion Paper Series in Economics (Band 24-2019)
Main Author: Hefeker, Carsten
Format: Article
Language:English
Published: Philipps-Universität Marburg 2019
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Online Access:PDF Full Text
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MAGKS - Joint Discussion Paper Series in Economics