IDEAS home Printed from https://ideas.repec.org/p/baf/cbafwp/cbafwp1631.html
   My bibliography  Save this paper

Central Bank Governance: Evolution, Goals, and Crises

Author

Listed:
  • Forrest Capie
  • Geoffrey Wood

Abstract

Governance: What and Why? Corporate governance was discussed before the financial crises of earlier this century, but attention to it has increased dramatically since that crisis. What is governance, and why did it suddenly become so interesting? The Oxford English Dictionary gives a comprehensive definition. It tells us governance has six meanings: the action or manner of governing; the state of being governed; the office, function, or power of governing; method of management, system of regulations; mode of living, behaviour, demeanour; wise self command.

Suggested Citation

  • Forrest Capie & Geoffrey Wood, 2016. "Central Bank Governance: Evolution, Goals, and Crises," BAFFI CAREFIN Working Papers 1631, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
    • Handle: RePEc:baf:cbafwp:cbafwp1631
    as

    Download full text from publisher

    File URL: https://repec.unibocconi.it/baffic/baf/papers/cbafwp1631.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Knut Wicksell, 1958. "A New Principle of Just Taxation," International Economic Association Series, in: Richard A. Musgrave & Alan T. Peacock (ed.), Classics in the Theory of Public Finance, pages 72-118, Palgrave Macmillan.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. John Roemer, 2005. "Distribution and politics: a brief history and prospect," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 25(2), pages 507-525, December.
    2. Elmendorf, Douglas W. & Gregory Mankiw, N., 1999. "Government debt," Handbook of Macroeconomics, in: J. B. Taylor & M. Woodford (ed.), Handbook of Macroeconomics, edition 1, volume 1, chapter 25, pages 1615-1669, Elsevier.
    3. Feldstein, Martin, 1985. "Debt and taxes in the theory of public finance," Journal of Public Economics, Elsevier, vol. 28(2), pages 233-245, November.
    4. Wolfgang Buchholz & Wolfgang Peters, 2007. "Justifying the Lindahl solution as an outcome of fair cooperation," Public Choice, Springer, vol. 133(1), pages 157-169, October.
    5. Robert Sugden, 2011. "The behavioural economist and the social planner: to whom should behavioural welfare economics be addressed?," Papers on Economics and Evolution 2011-21, Philipps University Marburg, Department of Geography.
    6. Stanley L. Winer, 2016. "The Political Economy of Taxation: Power, Structure, Redistribution," Carleton Economic Papers 16-15, Carleton University, Department of Economics.
    7. Silvestri, Paolo, 2015. "Anthropology of Freedom and Tax Justice: Between Exchange and Gift. Thoughts for an Interdisciplinary Research Agenda," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201534, University of Turin.
    8. Richard Wagner, 2013. "What kind of state in our future? Fact and Conjecture in Vito Tanzi’s Government versus Markets," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 26(1), pages 93-104, March.
    9. Bruno Boidin, 2005. "La santé : approche par les biens publics mondiaux ou par les droits humains ?," Mondes en développement, De Boeck Université, vol. 131(3), pages 29-44.
    10. Julio Dávila & Jan Eeckhout & César Martinelli, 2009. "Bargaining over Public Goods," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 11(6), pages 927-945, December.
    11. Bernd Hansjürgens, 2000. "The Influence of Knut Wicksell on Richard Musgrave and James Buchanan," Public Choice, Springer, vol. 103(1), pages 95-116, April.
    12. Robert Sugden, 2012. "The market as a cooperative endeavour," Public Choice, Springer, vol. 152(3), pages 365-370, September.
    13. Alexander Salter, 2015. "Calhoun’s concurrent majority as a generality norm," Constitutional Political Economy, Springer, vol. 26(3), pages 375-390, September.
    14. Horn, Karen, 2011. "James M. Buchanan – Doing away with discrimination and domination," Journal of Economic Behavior & Organization, Elsevier, vol. 80(2), pages 358-366.
    15. Shinji Yamashige, 1995. "Fairness in Markets and Government Policies," Working Papers yamashig-95-03, University of Toronto, Department of Economics.
    16. Monique Florenzano, 2009. "Walras-Lindahl-Wicksell: What equilibrium concept for public goods provision," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00531434, HAL.
    17. Michael C. Munger, 2018. "30 years after the nobel: James Buchanan’s political philosophy," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 31(2), pages 151-167, June.
    18. Gebhard Kirchgässner, 2000. "Probabilistic Voting and Equilibrium: An Impossibility Result," Public Choice, Springer, vol. 103(1), pages 35-48, April.
    19. Koumparoulis, Dimitrios, 2006. "Ευρωπαϊκή Δημοσιονομική Πολιτική Και Οικονομική Μεγέθυνση: Η Νεοκλασική Οικονομική Θεωρία Για Την Περίπτωση Της Ελλάδας [European Fiscal Policy and Economic Growth: The Neoclassical Economic Theory," MPRA Paper 44310, University Library of Munich, Germany.
    20. Timothy Besley, 2020. "State Capacity, Reciprocity, and the Social Contract," Econometrica, Econometric Society, vol. 88(4), pages 1307-1335, July.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:baf:cbafwp:cbafwp1631. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Michela Pozzi (email available below). General contact details of provider: https://edirc.repec.org/data/cbbocit.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.