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ArticleCentral bank independence and public debt policy

Roel M. W. J. Beetsma1997

Article1997

Central bank independence and public debt policy

Roel M. W. J. Beetsma · A.L. Bovenberg

84 citations·0/0 files stored·Journal of Economic Dynamics and Control

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Monetary Policy and Economic Impact Fiscal Policies and Political Economy European Monetary and Fiscal Policies

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References

1985The Optimal Degree of Commitment to an Intermediate Monetary Target 1983Rules, discretion and reputation in a model of monetary policy 1981Some Unpleasant Monetarist Arithmetic 1990A Positive Theory of Fiscal Deficits and Government Debt 1984Some Unpleasant Monetarist Arithmetic 1989Why a Stubborn Conservative would Run a Deficit: Policy with Time- Inconsistent Preferences 1992Seigniorage and Political Instability 1984Monetary Policy Games and the Role of Private Information

Cited by

1999Does monetary unification lead to excessive debt accumulation?1997An Analysis of the Stability Pact 2003A Simple and Flexible Alternative to the Stability and Growth Pact Deficit Ceilings: Is it at Hand?2004Does central bank independence lower inflation?2002Public debt indexation and denomination with an independent central bank 2000Designing Fiscal and Monetary Institutions for a European Monetary Union

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Year1997

Typearticle

Published1997-05-01

VenueJournal of Economic Dynamics and Control

ISSN-L0165-1889

Languageen

Citations84

Files0 public / 0

ShelfMonetary Policy and Economic Impact

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doi10.1016/s0165-1889(97)00003-1

openalex_workW2135338579

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1998Costs of separating budgetary policy from control of inflation: a neglected aspect of central bank independence

2000Optimal monetary policy cooperation through state-independent contracts with targets