This paper adopts a principal-agent framework to determine how a central banker's incentives should be structured to induce the socially optimal policy.
CITATION STYLE
Caves, R. E. (1980). Industrial organization, corporate strategy and structure. In Readings in Accounting for Management Control (pp. 335–370). Springer US. https://doi.org/10.1007/978-1-4899-7138-8_16
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