Defying dogmas on central banks
The American Economic Association (AEA) held its annual conference in San Diego on January 4-6, 2013. Among other topics, the conference focused on the role of central banking and that of the US Federal Reserve on the 100th anniversary of the central bank’s creation. A number of papers were presented at the conference: “Measuring Central Bank Independence, Policy Implications and Federal Reserve Independence” by T F Cargill and G P O’Driscoll;