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|a Crowe, Christopher,
|e author.
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|a Goal-independent central banks :
|b why politicians decide to delegate /
|c prepared by Christopher Crowe.
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|a [Washington, D.C.] :
|b International Monetary Fund,
|c 2006.
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|a 1 online resource (41 pages)
|
336 |
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|a text
|b txt
|2 rdacontent
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|a computer
|b c
|2 rdamedia
|
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|a online resource
|b cr
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|2 rdacc
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|a text file
|2 rdaft
|0 http://rdaregistry.info/termList/fileType/1002
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|a IMF working paper,
|x 2227-8885 ;
|v WP/06/256
|
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|a Includes bibliographical references.
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|a Print version record.
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|a A motivation for central bank independence (CBI) is that policy delegation helps politicians manage diverse coalitions. This paper develops a model of coalition formation that predicts when delegation will occur. An analysis of policy preferences survey data and CBI indicators supports the predictions. Case studies, drawn from several countries' recent past and the nineteenth-century United States, provide further support. Finally, the model explains why the expected negative relationship between CBI and inflation is not empirically robust: endogenous selection biases the estimated effect towards zero. The data confirm this.
|
506 |
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|3 Use copy
|f Restrictions unspecified
|2 star
|5 MiAaHDL
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533 |
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|a Electronic reproduction.
|b [Place of publication not identified] :
|c HathiTrust Digital Library,
|d 2010.
|5 MiAaHDL
|
538 |
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|a Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
|u http://purl.oclc.org/DLF/benchrepro0212
|5 MiAaHDL
|
583 |
1 |
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|a digitized
|c 2010
|h HathiTrust Digital Library
|l committed to preserve
|2 pda
|5 MiAaHDL
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505 |
0 |
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|a Contents -- I. Introduction -- II. The Model -- III. Predictions -- IV. Empirical Tests -- V. Case Studies -- VI. Conclusions
|
546 |
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|a English.
|
590 |
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|a ProQuest Ebook Central
|b Ebook Central Academic Complete
|
650 |
|
0 |
|a Banks and banking, Central.
|
650 |
|
0 |
|a Monetary policy.
|
650 |
|
6 |
|a Banques centrales.
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650 |
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6 |
|a Politique monétaire.
|
650 |
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|a Banks and banking, Central
|2 fast
|
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7 |
|a Monetary policy
|2 fast
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|i has work:
|a Goal-independent central banks (Text)
|1 https://id.oclc.org/worldcat/entity/E39PCGTf8bGKKcrjqPJcCMVqDC
|4 https://id.oclc.org/worldcat/ontology/hasWork
|
776 |
0 |
8 |
|i Print version:
|a Crowe, Christopher (Christopher W.).
|t Goal-independent central banks.
|d Washington, D.C. : International Monetary Fund, Research Dept., ©2006
|w (OCoLC)124096318
|
830 |
|
0 |
|a IMF working paper ;
|v WP/06/256.
|
856 |
4 |
0 |
|u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=3014343
|z Texto completo
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