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Partisan Appointments to the Central Bank: Policy Uncertainty and the Democratic Deficit

  • Garcia De Paso, Jose I.
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    File URL: http://www.sciencedirect.com/science/article/B6X4M-46P9YGB-51/2/5b464849decb3301a94508c626024eda
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    Article provided by Elsevier in its journal Journal of Macroeconomics.

    Volume (Year): 22 (2000)
    Issue (Month): 3 (July)
    Pages: 471-489

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    Handle: RePEc:eee:jmacro:v:22:y:2000:i:3:p:471-489
    Contact details of provider: Web page: http://www.elsevier.com/locate/inca/622617

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    1. M.A. Akhtar & Howard Howe, 1991. "The political and institutional independence of U.S. monetary policy," Research Paper 9110, Federal Reserve Bank of New York.
    2. Havrilesky, Thomas, 1988. "Monetary Policy Signaling from the Administration to the Federal Reserve," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 20(1), pages 83-101, February.
    3. Alesina, Alberto, 1987. "Macroeconomic Policy in a Two-party System as a Repeated Game," Scholarly Articles 4552531, Harvard University Department of Economics.
    4. Waller, Christopher J, 1989. "Monetary Policy Games and Central Bank Politics," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 21(4), pages 422-31, November.
    5. Waller, Christopher J, 1992. "The Choice of a Conservative Central Banker in a Multisector Economy," American Economic Review, American Economic Association, vol. 82(4), pages 1006-12, September.
    6. Lars E.O. Svensson, 1995. "The Swedish Experience of an Inflation Target," NBER Working Papers 4985, National Bureau of Economic Research, Inc.
    7. Waller, Christopher J, 1991. "Bashing and Coercion in Monetary Policy," Economic Inquiry, Western Economic Association International, vol. 29(1), pages 1-13, January.
    8. Faust, Jon, 1996. "Whom can we trust to run the Fed? Theoretical support for the founders' views," Journal of Monetary Economics, Elsevier, vol. 37(2-3), pages 267-283, April.
    9. Alesina, Alberto, 1987. "Macroeconomic Policy in a Two-Party System as a Repeated Game," The Quarterly Journal of Economics, MIT Press, vol. 102(3), pages 651-78, August.
    10. Havrilesky, Thomas, 1991. "The Frequency of Monetary Policy Signaling from the Administration to the Federal Reserve: Note," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 23(3), pages 423-28, August.
    11. Sachs, Jeffrey & Alesina, Alberto, 1988. "Political Parties and the Business Cycle in the United States, 1948-1984," Scholarly Articles 4553026, Harvard University Department of Economics.
    12. Havrilesky, Thomas M, 1987. "A Partisanship Theory of Fiscal and Monetary Regimes," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 19(3), pages 308-25, August.
    13. Ball, Laurence, 1992. "Why does high inflation raise inflation uncertainty?," Journal of Monetary Economics, Elsevier, vol. 29(3), pages 371-388, June.
    14. 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.
    15. Hetzel, Robert L., 1990. "Central banks' independence in historical perspective : A review essay," Journal of Monetary Economics, Elsevier, vol. 25(1), pages 165-176, January.
    16. 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.
    17. Havrilesky, Thomas & Gildea, John A, 1992. " Reliable and Unreliable Partisan Appointees to the Board of Governors," Public Choice, Springer, vol. 73(4), pages 397-417, June.
    18. Hibbs, Douglas A, Jr, 1986. "Political Parties and Macroeconomic Policies and Outcomes in the United States," American Economic Review, American Economic Association, vol. 76(2), pages 66-70, May.
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