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...
| المؤلف الرئيسي: | |
|---|---|
| التنسيق: | دورية |
| اللغة: | English |
| منشور في: |
Washington, D.C. :
International Monetary Fund,
2006.
|
| سلاسل: | IMF Working Papers; Working Paper ;
No. 2006/256 |
| الموضوعات: | |
| الوصول للمادة أونلاين: | Full text available on IMF |