Do Markets Care About Central Bank Governor Changes? Evidence from Emerging Markets
Author
Abstract
Suggested Citation
DOI: 10.3929/ethz-a-005474690
Download full text from publisher
Other versions of this item:
- Christoph Moser & Axel Dreher, 2010. "Do Markets Care about Central Bank Governor Changes? Evidence from Emerging Markets," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 42(8), pages 1589-1612, December.
- Christoph Moser & Axel Dreher, 2010. "Do Markets Care about Central Bank Governor Changes? Evidence from Emerging Markets," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 42(8), pages 1589-1612, December.
- Christoph Moser & Axel Dreher, 2007. "Do Markets Care about Central Bank Governor Changes? Evidence from Emerging Markets," CESifo Working Paper Series 2177, CESifo.
- Dreher, Axel & Moser, Christoph, 2008. "Do Markets Care About Central Bank Governor Changes? Evidence from Emerging Markets," Proceedings of the German Development Economics Conference, Zurich 2008 29, Verein für Socialpolitik, Research Committee Development Economics.
References listed on IDEAS
- Ricardo J. Caballero & Arvind Krishnamurthy, 2002.
"A Dual Liquidity Model for Emerging Markets,"
American Economic Review, American Economic Association, vol. 92(2), pages 33-37, May.
- Ricardo J. Caballero & Arvind Krishnamurthy, 2002. "A Dual Liquidity Model for Emerging Markets," NBER Working Papers 8758, National Bureau of Economic Research, Inc.
- Kenneth Rogoff, 1985. "The Optimal Degree of Commitment to an Intermediate Monetary Target," The Quarterly Journal of Economics, Oxford University Press, vol. 100(4), pages 1169-1189.
- Axel Dreher & Bernhard Herz & Volker Karb, 2006.
"Is there a causal link between currency and debt crises?,"
International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 11(4), pages 305-325.
- Axel Dreher & Bernhard Herz & Volker Karb, 2004. "Is There a Causal Link between Currency and Debt Crises?," International Finance 0404005, University Library of Munich, Germany, revised 16 Feb 2005.
- Axel Dreher & Bernhard Herz & Volker Karb, 2005. "Is There a Causal Link between Currency and Debt Crisis?," TWI Research Paper Series 3, Thurgauer Wirtschaftsinstitut, Universität Konstanz.
- Pantzalis, Christos & Stangeland, David A. & Turtle, Harry J., 2000. "Political elections and the resolution of uncertainty: The international evidence," Journal of Banking & Finance, Elsevier, vol. 24(10), pages 1575-1604, October.
- Graciela Kaminsky & Sergio L. Schmukler, 2002.
"Emerging Market Instability: Do Sovereign Ratings Affect Country Risk and Stock Returns?,"
World Bank Economic Review, World Bank Group, vol. 16(2), pages 171-195, August.
- Kaminsky,Graciela & Schmukler,Sergio L., 2001. "Emerging markets instability: do sovereign ratings affect country risk and stock returns?," Policy Research Working Paper Series 2678, The World Bank.
- Backus, David & Driffill, John, 1985.
"Inflation and Reputation,"
American Economic Review, American Economic Association, vol. 75(3), pages 530-538, June.
- David Backus & John Driffill, 1984. "Inflation and Reputation," Working Paper 560, Economics Department, Queen's University.
- D. Backus & J. Driffil, 1998. "Inflation and Reputation," Levine's Working Paper Archive 625, David K. Levine.
- Piga, Gustavo, 2000. "Dependent and Accountable: Evidence from the Modern Theory of Central Banking," Journal of Economic Surveys, Wiley Blackwell, vol. 14(5), pages 563-595, December.
- Timothy Besley & Rohini Pande & Vijayendra Rao, 2005.
"Political Selection and the Quality of Government: Evidence from South India,"
STICERD - Political Economy and Public Policy Paper Series
08, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
- Besley, Timothy & Pande, Rohini & Rao, Vijayendra, 2005. "Political Selection and the Quality of Government: Evidence from South India," Center Discussion Papers 28426, Yale University, Economic Growth Center.
- Besley, Timothy & Pande, Rohini & Rao, Vijayendra, 2005. "Political selection and the quality of government: evidence from south India," LSE Research Online Documents on Economics 3777, London School of Economics and Political Science, LSE Library.
- Besley, Timothy J. & Pande, Rohini & Rao, Vijayendra, 2005. "Political Selection and the Quality of Government: Evidence from South India," CEPR Discussion Papers 5201, C.E.P.R. Discussion Papers.
- Timothy Besley & Rohini Pande & Vijayendra Rao, 2005. "Political Selection and the Quality ofGovernment: Evidence from South India," STICERD - Development Economics Papers - From 2008 this series has been superseded by Economic Organisation and Public Policy Discussion Papers 44, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
- Timothy Besley & Rohini Pande & Vijayendra Rao, 2005. "Political Selection and the Qualilty of Government: Evidence from South India," Working Papers 921, Economic Growth Center, Yale University.
- Barro, Robert J., 1986.
"Reputation in a model of monetary policy with incomplete information,"
Journal of Monetary Economics, Elsevier, vol. 17(1), pages 3-20, January.
- Robert J. Barro, 1986. "Reputation in a Model of Monetary Policy with Incomplete Information," NBER Working Papers 1794, National Bureau of Economic Research, Inc.
- Kenneth N. Kuttner & Adam S. Posen, 2010.
"Do Markets Care Who Chairs the Central Bank?,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 42(2‐3), pages 347-371, March.
- Kenneth N. Kuttner & Adam S. Posen, 2010. "Do Markets Care Who Chairs the Central Bank?," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 42(2-3), pages 347-371, March.
- Kenneth N. Kuttner & Adam S. Posen, 2007. "Do Markets Care Who Chairs the Central Bank?," NBER Working Papers 13101, National Bureau of Economic Research, Inc.
- Kenneth N. Kuttner & Adam S. Posen, 2007. "Do Markets Care Who Chairs the Central Bank?," Working Paper Series WP07-3, Peterson Institute for International Economics.
- Kenneth Kuttner & Adam Posen, 2007. "Do Markets Care Who Chairs the Central Bank?," Department of Economics Working Papers 2007-05, Department of Economics, Williams College.
- Brown, Keith C. & Harlow, W. V. & Tinic, Seha M., 1988. "Risk aversion, uncertain information, and market efficiency," Journal of Financial Economics, Elsevier, vol. 22(2), pages 355-385, December.
- Schaumburg, Ernst & Tambalotti, Andrea, 2007.
"An investigation of the gains from commitment in monetary policy,"
Journal of Monetary Economics, Elsevier, vol. 54(2), pages 302-324, March.
- Ernst Schaumburg & Andrea Tambalotti, 2003. "An investigation of the gains from commitment in monetary policy," Staff Reports 171, Federal Reserve Bank of New York.
- Andrea Tambalotti & Ernst Schaumburg, 2004. "An Investigation of the Gains from Commitment in Monetary Policy," Econometric Society 2004 North American Summer Meetings 282, Econometric Society.
- Ernst Schaumburg & Andrea Tambalotti, 2003. "An Investigation of the Gains from Commitment in Monetary Policy," Macroeconomics 0302004, University Library of Munich, Germany.
- Maurice Obstfeld & Kenneth S. Rogoff, 1996. "Foundations of International Macroeconomics," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262150476, December.
- Carmen M. Reinhart & Graciela L. Kaminsky, 1999.
"The Twin Crises: The Causes of Banking and Balance-of-Payments Problems,"
American Economic Review, American Economic Association, vol. 89(3), pages 473-500, June.
- Reinhart, Carmen & Kaminsky, Graciela, 1999. "The twin crises: The causes of banking and balance of payments problems," MPRA Paper 14081, University Library of Munich, Germany.
- Reinhart, Carmen & Kaminsky, Graciela, 2000. "Las crisis gemelas: las causas de los problemas bancarios y de balanza de pagos [The twin crises: Te causes of banking and balance of payments problems]," MPRA Paper 13842, University Library of Munich, Germany.
- Helge Berger & Jakob De Haan & Sylvester C.W. Eijffinger, 2001.
"Central Bank Independence: An Update of Theory and Evidence,"
Journal of Economic Surveys, Wiley Blackwell, vol. 15(1), pages 3-40, February.
- Bevger, H. & de Haan, J. & Eijffinger, S.C.W., 2000. "Central Bank Independence : An Update of Theory and Evidence," Other publications TiSEM f4d66128-9080-4262-8e5f-4, Tilburg University, School of Economics and Management.
- Berger, Helge & de Haan, Jakob & Eijffinger, Sylvester C W, 2000. "Central Bank Independence: An Update of Theory and Evidence," CEPR Discussion Papers 2353, C.E.P.R. Discussion Papers.
- Carmen M. Reinhart & Graciela L. Kaminsky, 1999.
"The Twin Crises: The Causes of Banking and Balance-of-Payments Problems,"
American Economic Review, American Economic Association, vol. 89(3), pages 473-500, June.
- Graciela L. Kaminsky & Carmen M. Reinhart, 1996. "The twin crises: the causes of banking and balance-of-payments problems," International Finance Discussion Papers 544, Board of Governors of the Federal Reserve System (U.S.).
- Reinhart, Carmen & Kaminsky, Graciela, 1999. "The twin crises: The causes of banking and balance of payments problems," MPRA Paper 14081, University Library of Munich, Germany.
- Refet S. Gürkaynak & Brian P. Sack & Eric T. Swanson, 2003.
"The excess sensitivity of long-term interest rates: evidence and implications for macroeconomic models,"
Proceedings, Federal Reserve Bank of San Francisco, issue Mar.
- Refet S. Gürkaynak & Brian P. Sack & Eric T. Swanson, 2003. "The excess sensitivity of long-term interest rates: evidence and implications for macroeconomic models," Finance and Economics Discussion Series 2003-50, Board of Governors of the Federal Reserve System (U.S.).
- A. Hakan Kara, 2007.
"Monetary Policy under Imperfect Commitment: Reconciling Theory with Evidence,"
International Journal of Central Banking, International Journal of Central Banking, vol. 3(1), pages 149-178, March.
- Hakan Kara, 2004. "Monetary Policy under Imperfect Commitment : Reconciling Theory with Evidence," Working Papers 0415, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
- Cukierman, Alex & Meltzer, Allan H, 1986. "A Theory of Ambiguity, Credibility, and Inflation under Discretion and Asymmetric Information," Econometrica, Econometric Society, vol. 54(5), pages 1099-1128, September.
- Ricardo J. Caballero & Arvind Krishnamurthy, 2004. "Fiscal Policy and Financial Depth," NBER Working Papers 10532, National Bureau of Economic Research, Inc.
- Refet S. Gürkaynak & Brian Sack & Eric Swanson, 2005. "The Sensitivity of Long-Term Interest Rates to Economic News: Evidence and Implications for Macroeconomic Models," American Economic Review, American Economic Association, vol. 95(1), pages 425-436, March.
- Caballero, Ricardo J. & Krishnamurthy, Arvind, 2001.
"International and domestic collateral constraints in a model of emerging market crises,"
Journal of Monetary Economics, Elsevier, vol. 48(3), pages 513-548, December.
- Ricardo Caballero & Arvind Krishnamurthy, 2000. "International and Domestic Collateral Constraints in a Model of Emerging Market Crises," NBER Working Papers 7971, National Bureau of Economic Research, Inc.
- Eijffinger, Sylvester C W & Hoeberichts, Marco, 1998.
"The Trade off between Central Bank Independence and Conservativeness,"
Oxford Economic Papers, Oxford University Press, vol. 50(3), pages 397-411, July.
- Eijffinger, S.C.W. & Hoeberichts, M.M., 1996. "The Trade Off Between Central Bank Independence and Conservativeness," Discussion Paper 1996-44, Tilburg University, Center for Economic Research.
- Eijffinger, S.C.W. & Hoeberichts, M.M., 1998. "The trade off between central bank independence and conservativeness," Other publications TiSEM edcd13f6-471a-415a-b14e-5, Tilburg University, School of Economics and Management.
- Eijffinger, S.C.W. & Hoeberichts, M.M., 1996. "The Trade Off Between Central Bank Independence and Conservativeness," Other publications TiSEM c8b984f9-6270-4052-b06b-5, Tilburg University, School of Economics and Management.
- Edwards, Sebastian, 1984. "LDC Foreign Borrowing and Default Risk: An Empirical Investigation, 1976-80," American Economic Review, American Economic Association, vol. 74(4), pages 726-734, September.
- Marco Arnone & Bernard J Laurens & Jean-François Segalotto & Martin Sommer, 2009.
"Central Bank Autonomy: Lessons from Global Trends,"
IMF Staff Papers, Palgrave Macmillan, vol. 56(2), pages 263-296, June.
- Jean-François Segalotto & Mr. Martin Sommer & Mr. Marco Arnone & Mr. Bernard J Laurens, 2007. "Central Bank Autonomy: Lessons from Global Trends," IMF Working Papers 2007/088, International Monetary Fund.
- Dreher, Axel & Lamla, Michael J. & Lein, Sarah M. & Somogyi, Frank, 2009.
"The impact of political leaders' profession and education on reforms,"
Journal of Comparative Economics, Elsevier, vol. 37(1), pages 169-193, March.
- Axel Dreher & Michael J. Lamla & Sarah M. Rupprecht & Frank Somogyi, 2006. "The Impact of Political Leaders' Profession and Education on Reforms," KOF Working papers 06-147, KOF Swiss Economic Institute, ETH Zurich.
- Beck, Thorsten & Clarke, George & Groff, Alberto & Keefer, Philip & Walsh, Patrick, 2000. "New tools and new tests in comparative political economy - the database of political institutions," Policy Research Working Paper Series 2283, The World Bank.
- Benjamin F. Jones & Benjamin A. Olken, 2005. "Do Leaders Matter? National Leadership and Growth Since World War II," The Quarterly Journal of Economics, Oxford University Press, vol. 120(3), pages 835-864.
- Helge Berger & Ulrich Woitek, 2005. "Does Conservatism Matter? A Time-Series Approach to Central Bank Behaviour," Economic Journal, Royal Economic Society, vol. 115(505), pages 745-766, July.
- Andritzky, Jochen R. & Bannister, Geoffrey J. & Tamirisa, Natalia T., 2007. "The impact of macroeconomic announcements on emerging market bonds," Emerging Markets Review, Elsevier, vol. 8(1), pages 20-37, March.
- Kydland, Finn E & Prescott, Edward C, 1977. "Rules Rather Than Discretion: The Inconsistency of Optimal Plans," Journal of Political Economy, University of Chicago Press, vol. 85(3), pages 473-491, June.
- Anderson, T. W. & Hsiao, Cheng, 1982. "Formulation and estimation of dynamic models using panel data," Journal of Econometrics, Elsevier, vol. 18(1), pages 47-82, January.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Perera, Anil & Wickramanayake, J., 2016. "Determinants of commercial bank retail interest rate adjustments: Evidence from a panel data model," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 45(C), pages 1-20.
- Fuchs, Andreas & Richert, Katharina, 2018.
"Development minister characteristics and aid giving,"
European Journal of Political Economy, Elsevier, vol. 53(C), pages 186-204.
- Fuchs, Andreas & Richert, Katharina, 2018. "Development Minister Characteristics and Aid Giving," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 186-204.
- Carlos Carvalho & Tiago Fl´orido & Eduardo Zilberman, "undated". "Transitions in Central Bank Leadership," Textos para discussão 657, Department of Economics PUC-Rio (Brazil).
- Papadamou, Stephanos & Sidiropoulos, Moïse & Spyromitros, Eleftherios, 2017.
"Does central bank independence affect stock market volatility?,"
Research in International Business and Finance, Elsevier, vol. 42(C), pages 855-864.
- Stephanos Papadamou & Moïse Sidiropoulos & Eleftherios Spyromitros, 2016. "Does Central Bank Independence Affect Stock Market Volatility?," Working Papers of BETA 2016-14, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
- Ghosh, Saibal, 2017. "Does central bank governors term in office matter for macroprudential policies? Evidence from MENA banks," Research in International Business and Finance, Elsevier, vol. 40(C), pages 34-51.
- Prachi Mishra & Ariell Reshef, 2019.
"How Do Central Bank Governors Matter? Regulation and the Financial Sector,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 51(2-3), pages 369-402, March.
- Prachi Mishra & Ariell Reshef, 2019. "How Do Central Bank Governors Matter? Regulation and the Financial Sector," PSE-Ecole d'économie de Paris (Postprint) halshs-02973367, HAL.
- Prachi Mishra & Ariell Reshef, 2019. "How Do Central Bank Governors Matter? Regulation and the Financial Sector," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-02973367, HAL.
- Alin Marius Andries & Anca Maria Podpiera & Nicu Sprincean, 2022.
"Central Bank Independence and Systemic Risk,"
International Journal of Central Banking, International Journal of Central Banking, vol. 18(1), pages 81-130, March.
- Andrieș, Alin Marius & Podpiera, Anca Maria & Sprincean, Nicu, 2020. "Central bank independence and systemic risk," BOFIT Discussion Papers 13/2020, Bank of Finland, Institute for Economies in Transition.
- Matthias Neuenkirch & Peter Tillmann, 2016.
"Does A Good Central Banker Make A Difference?,"
Economic Inquiry, Western Economic Association International, vol. 54(3), pages 1541-1560, July.
- Matthias Neuenkirch & Peter Tillmann, 2013. "Does a good central banker make a difference?," Research Papers in Economics 2013-08, University of Trier, Department of Economics.
- Matthias Neuenkirch & Peter Tillmann, 2013. "Does a Good Central Banker make a Difference?," MAGKS Papers on Economics 201354, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
- Cristina Bodea & Raymond Hicks, 2018. "Sovereign credit ratings and central banks: Why do analysts pay attention to institutions?," Economics and Politics, Wiley Blackwell, vol. 30(3), pages 340-365, November.
- Emile van Ommeren & Giulia Piccillo, 2021.
"The Central Bank Governor and Interest Rate Setting by Committee,"
CESifo Economic Studies, CESifo, vol. 67(2), pages 155-185.
- Emile van Ommeren & Giulia Piccillo, 2019. "The Central Bank Governor and Interest Rate Setting by Committee," CESifo Working Paper Series 7822, CESifo.
- Förch, Thomas & Sunde, Uwe, 2012.
"Central bank independence and stock market returns in emerging economies,"
Economics Letters, Elsevier, vol. 115(1), pages 77-80.
- Förch, Thomas & Sunde, Uwe, 2012. "Central bank independence and stock market returns in emerging economies," Munich Reprints in Economics 20361, University of Munich, Department of Economics.
- D. Masciandaro, 2019. "What Bird Is That? Central Banking And Monetary Policy In The Last Forty Years," BAFFI CAREFIN Working Papers 19127, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
- Ozili, Peterson K, 2020. "Does competence of central bank governors influence financial stability?," MPRA Paper 102042, University Library of Munich, Germany.
- Conrad, Christian & Hartmann, Matthias, 2019. "On the determinants of long-run inflation uncertainty: Evidence from a panel of 17 developed economies," European Journal of Political Economy, Elsevier, vol. 56(C), pages 233-250.
- Fuchs, Andreas & Richert, Katharina, 2015. "Do Development Minister Characteristics Affect Aid Giving?," Working Papers 0604, University of Heidelberg, Department of Economics.
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.- Kenneth N. Kuttner & Adam S. Posen, 2010.
"Do Markets Care Who Chairs the Central Bank?,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 42(2‐3), pages 347-371, March.
- Kenneth N. Kuttner & Adam S. Posen, 2010. "Do Markets Care Who Chairs the Central Bank?," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 42(2-3), pages 347-371, March.
- Kenneth N. Kuttner & Adam S. Posen, 2007. "Do Markets Care Who Chairs the Central Bank?," NBER Working Papers 13101, National Bureau of Economic Research, Inc.
- Kenneth N. Kuttner & Adam S. Posen, 2007. "Do Markets Care Who Chairs the Central Bank?," Working Paper Series WP07-3, Peterson Institute for International Economics.
- Kenneth Kuttner & Adam Posen, 2007. "Do Markets Care Who Chairs the Central Bank?," Department of Economics Working Papers 2007-05, Department of Economics, Williams College.
- Donato Masciandaro & Davide Romelli, 2019.
"Behavioral Monetary Policymaking: Economics, Political Economy and Psychology,"
World Scientific Book Chapters, in: Behavioral Finance The Coming of Age, chapter 9, pages 285-329,
World Scientific Publishing Co. Pte. Ltd..
- Donato Masciandaro & Davide Romelli, 2019. "Behavioral Monetary Policymaking: Economics, Political Economy And Psychology," BAFFI CAREFIN Working Papers 19105, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
- Masciandaro, Donato & Romelli, Davide, 2015.
"Ups and downs of central bank independence from the Great Inflation to the Great Recession: theory, institutions and empirics,"
Financial History Review, Cambridge University Press, vol. 22(3), pages 259-289, December.
- Donato Masciandaro & Davide Romelli, 2015. "Ups and Downs. Central Bank Independence from the Great Inflation to the Great Recession: Theory, Institutions and Empirics," BAFFI CAREFIN Working Papers 1503, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
- Michael Berlemann & Kai Hielscher, 2016. "Measuring Effective Monetary Policy Conservatism of Central Banks: A Dynamic Approach," Annals of Economics and Finance, Society for AEF, vol. 17(1), pages 105-132, May.
- Papadamou, Stephanos & Sidiropoulos, Moïse & Spyromitros, Eleftherios, 2017.
"Does central bank independence affect stock market volatility?,"
Research in International Business and Finance, Elsevier, vol. 42(C), pages 855-864.
- Stephanos Papadamou & Moïse Sidiropoulos & Eleftherios Spyromitros, 2016. "Does Central Bank Independence Affect Stock Market Volatility?," Working Papers of BETA 2016-14, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
- D. Masciandaro, 2019. "What Bird Is That? Central Banking And Monetary Policy In The Last Forty Years," BAFFI CAREFIN Working Papers 19127, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
- Berlemann, Michael & Hielscher, Kai, 2011. "A Time-varying Indicator of Effective Monetary Policy Conservatism," Working Paper 112/2011, Helmut Schmidt University, Hamburg.
- Frankel, Jeffrey, 2010. "Monetary Policy in Emerging Markets," Handbook of Monetary Economics, in: Benjamin M. Friedman & Michael Woodford (ed.), Handbook of Monetary Economics, edition 1, volume 3, chapter 25, pages 1439-1520, Elsevier.
- Prachi Mishra & Ariell Reshef, 2019.
"How Do Central Bank Governors Matter? Regulation and the Financial Sector,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 51(2-3), pages 369-402, March.
- Prachi Mishra & Ariell Reshef, 2019. "How Do Central Bank Governors Matter? Regulation and the Financial Sector," PSE-Ecole d'économie de Paris (Postprint) halshs-02973367, HAL.
- Prachi Mishra & Ariell Reshef, 2019. "How Do Central Bank Governors Matter? Regulation and the Financial Sector," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-02973367, HAL.
- Berlemann, Michael & Hielscher, Kai, 2009. "Measuring Effective Monetary Policy Conservatism," Working Paper 89/2009, Helmut Schmidt University, Hamburg.
- Schaumburg, Ernst & Tambalotti, Andrea, 2007.
"An investigation of the gains from commitment in monetary policy,"
Journal of Monetary Economics, Elsevier, vol. 54(2), pages 302-324, March.
- Ernst Schaumburg & Andrea Tambalotti, 2003. "An investigation of the gains from commitment in monetary policy," Staff Reports 171, Federal Reserve Bank of New York.
- Ernst Schaumburg & Andrea Tambalotti, 2003. "An Investigation of the Gains from Commitment in Monetary Policy," Macroeconomics 0302004, University Library of Munich, Germany.
- Andrea Tambalotti & Ernst Schaumburg, 2004. "An Investigation of the Gains from Commitment in Monetary Policy," Econometric Society 2004 North American Summer Meetings 282, Econometric Society.
- Masciandaro, Donato, 2022. "Independence, conservatism, and beyond: Monetary policy, central bank governance and central banker preferences (1981–2021)," Journal of International Money and Finance, Elsevier, vol. 122(C).
- Luis Jácome & Francisco Vázquez, 2005.
"Any Link Between Legal Central Bank Independence and Inflation? Evidence from Latin America and the Caribbean,"
Macroeconomics
0508011, University Library of Munich, Germany.
- Mr. Luis Ignacio Jácome & Mr. Francisco F. Vazquez, 2005. "Any Link Between Legal Central Bank Independence and Inflation? Evidence from Latin America and the Caribbean," IMF Working Papers 2005/075, International Monetary Fund.
- Mihov, Ilian & Sibert, Anne, 2006. "Credibility and Flexibility with Independent Monetary Policy Committees," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 38(1), pages 23-46, February.
- Mihov, Ilian & Sibert, Anne, 2002.
"Credibility and Flexibility with Monetary Policy Committees,"
CEPR Discussion Papers
3278, C.E.P.R. Discussion Papers.
- Ilian Mihov & Anne Sibert, 2002. "Credibility and Flexibility with Monetary Policy Committees," Working Papers 232002, Hong Kong Institute for Monetary Research.
- Huang, Haizhou & Wei, Shang-Jin, 2006.
"Monetary policies for developing countries: The role of institutional quality,"
Journal of International Economics, Elsevier, vol. 70(1), pages 239-252, September.
- Huang, Haizhou & Wei, Shang-Jin, 2005. "Monetary Policies for Developing Countries: The Role of Institutional Quality," CEPR Discussion Papers 4911, C.E.P.R. Discussion Papers.
- Beetsma, Roel M W J & Jensen, Henrik, 1998.
"Inflation Targets and Contracts with Uncertain Central Banker Preferences,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 30(3), pages 384-403, August.
- Beetsma, R.M.W.J. & Jensen, H., 1996. "Inflation targets and contracts with uncertain central banker preferences," Other publications TiSEM 35324c64-bb04-42b6-b40c-1, Tilburg University, School of Economics and Management.
- Beetsma, Roel & Jensen, Henrik, 1997. "Inflation Targets and Contracts with Uncertain Central Banker Preferences," CEPR Discussion Papers 1562, C.E.P.R. Discussion Papers.
- Beetsma, R.M.W.J. & Jensen, H., 1996. "Inflation targets and contracts with uncertain central banker preferences," Discussion Paper 1996-93, Tilburg University, Center for Economic Research.
- Thomas Plümper & Vera E. Troeger, 2006. "Fear of Floating and the External Effects of Currency Unions," The Institute for International Integration Studies Discussion Paper Series iiisdp181, IIIS.
- Libich Jan, 2011. "Inflation Nutters? Modelling the Flexibility of Inflation Targeting," The B.E. Journal of Macroeconomics, De Gruyter, vol. 11(1), pages 1-36, June.
- Lu, Yang K. & King, Robert G. & Pasten, Ernesto, 2016. "Optimal reputation building in the New Keynesian model," Journal of Monetary Economics, Elsevier, vol. 84(C), pages 233-249.
More about this item
Keywords
central bank governor turnover; monetary policy; emerging markets; risk premium;All these keywords.
JEL classification:
- E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
- E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
- F30 - International Economics - - International Finance - - - General
- G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBA-2007-11-10 (Central Banking)
- NEP-MAC-2007-11-10 (Macroeconomics)
- NEP-MON-2007-11-10 (Monetary Economics)
Statistics
Access and download statisticsCorrections
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:kof:wpskof:07-177. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . General contact details of provider: https://edirc.repec.org/data/koethch.html .
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: (email available below). General contact details of provider: https://edirc.repec.org/data/koethch.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.