Non-benevolent central banks
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References listed on IDEAS
- 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.
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More about this item
KeywordsCorruption; central banks; time-inconsistency; inflation bias; seignorage; central bank independence;
- E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
- K42 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Illegal Behavior and the Enforcement of Law
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2004-02-15 (All new papers)
- NEP-LAW-2004-02-15 (Law & Economics)
- NEP-MAC-2004-02-15 (Macroeconomics)
- NEP-MON-2004-02-15 (Monetary Economics)
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