Goal-Independent Central Banks : Why Politicians Decide to Delegate /

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 predictio...

全面介绍

书目详细资料
主要作者: Crowe, Christopher
格式: 杂志
语言:English
出版: Washington, D.C. : International Monetary Fund, 2006.
丛编:IMF Working Papers; Working Paper ; No. 2006/256
主题:
在线阅读:Full text available on IMF

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