The ECB : safe at any speed?
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The European Central Bank will be powerful company which needs public scrutiny. CEPR recognizes the need for a regular examination of ECB policies from a pan-European perspective and the importance of beginning this examination early. This series is written by a team of economists. They will produce two reports each year - an assessment of key issues facing European monetary policy and a detailed commentary on the ECB's own annual report.
[1] John B. Taylor. Discretion versus policy rules in practice , 1993 .