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CENTRAL BANK INDEPENDENCE,DEMOCRACY,AND DOLLARIZATION
central bank independence constitutional democracy democratic control
2015/9/18
Is there a fundamental conflict between insulating monetary policy from popular pressures, seen as essential to sound monetary policy, and making policy responsive to the popularwill, seen as fundamen...
Toward Resource Independence—Why State-Owned Entities Become Multinationals:An Empirical Study of India’s Public R&D Laboratories
Multinational Firms and Management Research and Development State Ownership Technology Industry India
2015/4/29
In this paper, we build on the standard resource dependence theory and its departure suggested by Vernon to offer a novel explanation for why state-owned entities might seek a global footprint and glo...
"Federal Reserve Independence in a Global Context."
a speech Federal Reserve Bank Atlanta's chief executive officer
2011/10/4
The article presents a speech by Federal Reserve Bank of Atlanta's chief executive officer Dennis P. Lockhart, "Federal Reserve Independence in a Global Context," which was delivered at the World Affa...
Issues in Central Bank Finance and Independence
central bank capital central bank independence BANKING industry FINANCIAL statements
2011/10/3
Conventional economic policy models focus only on selected elements of the central bank balance sheet, in particular monetary liabilities and sometimes foreign reserves. The canonical model of an "ind...
CENTRAL BANK INDEPENDENCE AND INFLATION: A NOTE
CENTRAL banks & banking BANKING industry FOREIGN exchange CIRCULAR velocity of money
2011/10/3
We document increased central bank independence within the set of industrialized nations. This increased independence can account for nearly two-thirds of the improved inflation performance of these n...
The Puzzle of the Diffusion of Central-Bank Independence Reforms: Insights from an Agent-Based Simulation
Agent-based modeling Central banks Diffusion Kingdon
2011/9/24
The emergence of an ever-widening sphere of global public policy is a new reality in a world characterized by the blurring of boundaries between the national and the global; by flows of ideas, people,...
Independence and Responsibility of Central Banks
Independence Responsibility Central Banks
2009/7/23
A strong information asymmetry may exist between central bank managers
and both the public and the government. Therefore managerial discretion of the central
bank managers is possible. On the other ...
Monetary Policy Independence: The First Ten Years of the UK Monetary Policy Committee … and the first year of the “not-nice” decade ...
MPC inflation targeting GDP growth “fan charts” inflation reports
2010/9/7
In May 1997 a new government was elected in the United Kingdom and one of its first acts was to hand over the setting of the official interest rate to a committee of the Bank of England, the Monetary ...
Research on the CPA Audit Independence Risk Assessment Based on the Rough Set Theory
rough set theory audit independence risk assessment mode
2007/7/4
The assessment mode of the CPA audit independence risk based on the Rough Set Theory is a risk assessment method and using the Analytical Hierarchy Process, whose aim is to solve the bid management in...
Inflation, Central Bank Independence and the Legal System
Judicial Independence Legal Trust Central Bank Independence Inflation
2014/6/26
We argue that a higher degree of de facto independence of the legal system from the other government branches as well as public trust in the legal system may reduce the average inflation record of cou...