Independence in Crisis
The Argentinean Central Bank and their accountability for bureaucratic and political decisions, 1991-2007
(Sprache: Englisch)
Central bankers like the idea of low inflation, but their actions have a distribution effect of richness. During the 1990s, the independence of central banks increased. What have central banks done with this independence? When we infer that all actors have...
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Klappentext zu „Independence in Crisis “
Central bankers like the idea of low inflation, but their actions have a distribution effect of richness. During the 1990s, the independence of central banks increased. What have central banks done with this independence? When we infer that all actors have interests, whether governments, voters or interest groups, why would we assume that central banks are technocratic institutions maximizing the welfare of the state? To answer these questions, this study looks at the Argentinean Central Bank between 1991 and 2007 and researches the incentives of a central bank to act strategically. This book uses a model which is an adaptation of Helmke's model (2002, 2005) for the Supreme Court of Justice. An inter-temporal conflict of interest explains the Central Bank's behavior.
Inhaltsverzeichnis zu „Independence in Crisis “
Contents: Independence of Central Bank - Argentinean Central Bank - Inter-temporal conflict of interest - Strategic political behavior - Signaling games
Autoren-Porträt von Juan Miguel Rodríguez López
Juan Miguel Rodríguez López is a postdoctoral research fellow at the Centre for Globalisation and Governance and KlimaCampus (University of Hamburg). His areas of research encompass financial market institutions, political economy and quantitative methods. He is currently researching cross-national comparisons of institutional factors and the economic actions of companies within the EU Emissions Trading Scheme.
Bibliographische Angaben
- Autor: Juan Miguel Rodríguez López
- 2012, Neuausgabe, XII, 192 Seiten, Masse: 15,3 x 21,6 cm, Gebunden, Englisch
- Verlag: Peter Lang Ltd. International Academic Publishers
- ISBN-10: 3631638264
- ISBN-13: 9783631638262
- Erscheinungsdatum: 19.07.2012
Sprache:
Englisch
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