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Long-term appointment of central bankers: costs and benefits

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  • Lindner, Axel

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Bibliographic Info

Article provided by Elsevier in its journal European Journal of Political Economy.

Volume (Year): 16 (2000)
Issue (Month): 4 (November)
Pages: 639-654

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Handle: RePEc:eee:poleco:v:16:y:2000:i:4:p:639-654

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Web page: http://www.elsevier.com/locate/inca/505544

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References

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  1. Manfred Neumann, 1991. "Precommitment by central bank independence," Open Economies Review, Springer, vol. 2(2), pages 95-112, June.
  2. Shlomo Weber, 1997. "Entry deterrence in electoral spatial competition," Social Choice and Welfare, Springer, vol. 15(1), pages 31-56.
  3. Barro, Robert J. & Gordon, David B., 1983. "Rules, discretion and reputation in a model of monetary policy," Journal of Monetary Economics, Elsevier, vol. 12(1), pages 101-121.
  4. Palfrey, Thomas R, 1984. "Spatial Equilibrium with Entry," Review of Economic Studies, Wiley Blackwell, vol. 51(1), pages 139-56, January.
  5. Berger, Helge & Woitek, Ulrich, 1997. "How opportunistic are partisan German central bankers: Evidence on the Vaubel hypothesis," European Journal of Political Economy, Elsevier, vol. 13(4), pages 807-821, December.
  6. Waller, Christopher J., 1992. "A bargaining model of partisan appointments to the central bank," Journal of Monetary Economics, Elsevier, vol. 29(3), pages 411-428, June.
  7. Christopher J. Waller, 1998. "Appointing the median voter of a policy board," Working Paper 9802, Federal Reserve Bank of Cleveland.
  8. Chappell, Henry W, Jr & Havrilesky, Thomas M & McGregor, Rob Roy, 1993. "Partisan Monetary Policies: Presidential Influence through the Power of Appointment," The Quarterly Journal of Economics, MIT Press, vol. 108(1), pages 185-218, February.
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Cited by:
  1. Helge Berger & Till Mueller, 2004. "How Should Large and Small Countries Be Represented in a Currency Union?," CESifo Working Paper Series 1344, CESifo Group Munich.
  2. Berger, Helge, 2005. "Optimal central bank design: benchmarks for the ECB," Discussion Papers 2005/27, Free University Berlin, School of Business & Economics.
  3. Bernd Hayo & Carsten Hefeker, 2001. "Do We Really Need Central Bank Independence? A Critical Re- examination," Macroeconomics 0103006, EconWPA.
  4. Hayo, Bernd & Hefeker, Carsten, 2002. "Reconsidering central bank independence," European Journal of Political Economy, Elsevier, vol. 18(4), pages 653-674, November.

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