Laura Castillo Martinez

Assistant Professor of Economics

l.castillo-martinez@duke.edu

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Scholarly Works

How Do Central Banks Control Inflation? A Guide for the Perplexed

Journal article Journal of Economic Literature · March 1, 2026 Central banks have a primary goal of price stability. They pursue it using tools that include the interest they pay on reserves, the size and the composition of their balance sheet, and the dividends they distribute to the fiscal authority. We describe the ... Full text Cite