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The optimal choice of central bank independence and conservatism under uncertainty
16 references·7 citing·26 second hop
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this work references cited by second hop

References

  • 1977Rules Rather than Discretion: The Inconsistency of Optimal Plans7,896 cited
  • 2005INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY5,508 cited
  • 1999The Science of Monetary Policy: A New Keynesian Perspective4,927 cited
  • 1985The Optimal Degree of Commitment to an Intermediate Monetary Target3,687 cited
  • 1983A Positive Theory of Monetary Policy in a Natural Rate Model2,212 cited
  • 1981A Positive Theory of Monetary Policy in a Natural-Rate Model2,177 cited
  • 1993Central Bank Independence and Macroeconomic Performance: Some Comparative Evidence1,830 cited
  • 1992Measuring the Independence of Central Banks and Its Effect on Policy Outcomes1,707 cited
  • 2008Central Bank Communication and Monetary Policy: A Survey of Theory and Evidence1,391 cited
  • 1992Central Bank Strategy, Credibility, and Independence: Theory and Evidence1,366 cited
  • 1986A Theory of Ambiguity, Credibility, and Inflation under Discretion and Asymmetric Information1,287 cited
  • 2003Interest and prices : foundations of a theory of monetary policy1,275 cited
  • 1995Optimal contracts for central bankers1,131 cited
  • 1967Uncertainty and the effectiveness of policy1,008 cited
  • 1995Optimal Inflation Targets, `Conservative' Central Banks, and Linear Inflation Contracts

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593 cited
  • 2001Central Bank Independence: An Update of Theory and Evidence512 cited
  • Cited by

    • 2013The central banker as prudential supervisor: Does independence matter?43 cited
    • 2016The Politics of Central Bank Independence33 cited
    • 2022Central Bank Independence and Inflation Preferences: New Empirical Evidence on the Effects on Inflation20 cited
    • 2021Independence, conservatism, and beyond: Monetary policy, central bank governance and central banker preferences (1981–2021)19 cited
    • 2015Ups and Downs. Central Bank Independence from the Great Inflation to the Great Recession: Theory, Institutions and Empirics16 cited
    • 2016The Politics of Central Bank Independence15 cited
    • 2014STATIC AND DYNAMIC EFFECTS OF CENTRAL BANK TRANSPARENCY9 cited