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Bashing and supporting central banks: the Bundesbank and the European Central Bank

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  • Maier, Philipp
  • Bezoen, Saskia

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Bibliographic Info

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

Volume (Year): 20 (2004)
Issue (Month): 4 (November)
Pages: 923-939

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Handle: RePEc:eee:poleco:v:20:y:2004:i:4:p:923-939

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

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References

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  1. Vaubel, Roland, 1999. "The Future of the Euro : A Public Choice Perspective," Discussion Papers, Institut fuer Volkswirtschaftslehre und Statistik, Abteilung fuer Volkswirtschaftslehre 570, Institut fuer Volkswirtschaftslehre und Statistik, Abteilung fuer Volkswirtschaftslehre.
  2. Claude Giorno & Pete Richardson & Deborah Roseveare & Paul van den Noord, 1995. "Estimating Potential Output, Output Gaps and Structural Budget Balances," OECD Economics Department Working Papers 152, OECD Publishing.
  3. Clarida, Richard & Gali, Jordi & Gertler, Mark, 1998. "Monetary policy rules in practice Some international evidence," European Economic Review, Elsevier, Elsevier, vol. 42(6), pages 1033-1067, June.
  4. de Haan, Jakob, 1997. " The European Central Bank: Independence, Accountability and Strategy: A Review," Public Choice, Springer, Springer, vol. 93(3-4), pages 395-426, December.
  5. Maier, Philipp & Sturm, Jan-Egbert & de Haan, Jakob, 2002. "Political pressure on the Bundesbank: an empirical investigation using the Havrilesky approach," Journal of Macroeconomics, Elsevier, Elsevier, vol. 24(1), pages 103-123, March.
  6. Bevger, H. & Haan, J. de & Eijffinger, S.C.W., 2000. "Central Bank Independence: An Update of Theory and Evidence," Open Access publications from Tilburg University urn:nbn:nl:ui:12-82768, Tilburg University.
  7. Froyen, Richard T. & Waud, Roger N., 2002. "The determinants of Federal Reserve policy actions: A re-examination," Journal of Macroeconomics, Elsevier, Elsevier, vol. 24(3), pages 413-428, September.
  8. Piga, Gustavo, 2000. " Dependent and Accountable: Evidence from the Modern Theory of Central Banking," Journal of Economic Surveys, Wiley Blackwell, Wiley Blackwell, vol. 14(5), pages 563-95, December.
  9. van Lelyveld, Iman, 1999. "Inflation or unemployment? Who cares?," European Journal of Political Economy, Elsevier, Elsevier, vol. 15(3), pages 463-484, September.
  10. Ahking, Francis W. & Miller, Stephen M., 1985. "The relationship between government deficits, money growthm and inflation," Journal of Macroeconomics, Elsevier, Elsevier, vol. 7(4), pages 447-467.
  11. de Haan, Jakob & van 't Hag, Gert Jan, 1995. " Variation in Central Bank Independence across Countries: Some Provisional Empirical Evidence," Public Choice, Springer, Springer, vol. 85(3-4), pages 335-51, December.
  12. Froyen, Richard T. & Havrilesky, Thomas & Waud, Roger N., 1997. "The Asymmetric Effects of Political Pressures on U.S. Monetary Policy," Journal of Macroeconomics, Elsevier, Elsevier, vol. 19(3), pages 471-493, July.
  13. Hayo, Bernd, 1998. "Inflation culture, central bank independence and price stability," European Journal of Political Economy, Elsevier, Elsevier, vol. 14(2), pages 241-263, May.
  14. Waller, Christopher J, 1991. "Bashing and Coercion in Monetary Policy," Economic Inquiry, Western Economic Association International, Western Economic Association International, vol. 29(1), pages 1-13, January.
  15. Thornton, Daniel L & Batten, Dallas S, 1985. "Lag-Length Selection and Tests of Granger Causality between Money and Income," Journal of Money, Credit and Banking, Blackwell Publishing, Blackwell Publishing, vol. 17(2), pages 164-78, May.
  16. Hirotugu Akaike, 1969. "Fitting autoregressive models for prediction," Annals of the Institute of Statistical Mathematics, Springer, Springer, vol. 21(1), pages 243-247, December.
  17. Nordhaus, William D, 1975. "The Political Business Cycle," Review of Economic Studies, Wiley Blackwell, Wiley Blackwell, vol. 42(2), pages 169-90, April.
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Citations

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Cited by:
  1. Ehrmann, Michael & Fratzscher, Marcel, 2010. "Politics and Monetary Policy," CEPR Discussion Papers, C.E.P.R. Discussion Papers 8143, C.E.P.R. Discussion Papers.
  2. Ibrahima Diouf & Dominique Pépin, 2010. "Duisenberg and Trichet : Measures of their Degree of Conservatism," Discussion Papers (REL - Recherches Economiques de Louvain) 2010021, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
  3. Méon, Pierre-Guillaume & Minne, Geoffrey, 2014. "Mark my words: Information and the fear of declaring an exchange rate regime," Journal of Development Economics, Elsevier, Elsevier, vol. 107(C), pages 244-261.
  4. Silja Göhlmann & Roland Vaubel, 2005. "The Educational and Professional Background of Central Bankers and its Effect on Inflation – An Empirical Analysis," RWI Discussion Papers, Rheinisch-Westfälisches Institut für Wirtschaftsforschung 0025, Rheinisch-Westfälisches Institut für Wirtschaftsforschung.
  5. Muhammad Azmat Hayat & Etienne Farvaque, 2012. "Public Attitudes towards Central Bank Independence: Lessons From the Foundation of the ECB," Working Papers hal-00988169, HAL.
  6. Gohlmann, Silja & Vaubel, Roland, 2007. "The educational and occupational background of central bankers and its effect on inflation: An empirical analysis," European Economic Review, Elsevier, Elsevier, vol. 51(4), pages 925-941, May.
  7. Pierre-Guillaume Méon & Geoffrey Minne, 2014. "Mark my Words: Information and the Fear of Declaring one’s Exchange Rate Regime," ULB Institutional Repository 2013/163527, ULB -- Universite Libre de Bruxelles.

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