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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w15856 |
来源ID | Working Paper 15856 |
The Politics of Monetary Policy | |
Alberto F. Alesina; Andrea Stella | |
发表日期 | 2010-04-02 |
出版年 | 2010 |
语种 | 英语 |
摘要 | In this paper we critically review the literature on the political economy of monetary policy, with an eye on the questions raised by the recent financial crisis. We begin with a discussion of rules versus discretion. We then examine the issue of Central Banks independence both in normal times, in times of crisis. Then we review the literature of electoral manipulation of policies. Finally we address international institutional issues concerning the feasibility, optimality and political sustainability of currency unions in which more than one country share the same currency. A brief review of the Euro experience concludes the paper. |
主题 | Macroeconomics ; Monetary Policy |
URL | https://www.nber.org/papers/w15856 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/573531 |
推荐引用方式 GB/T 7714 | Alberto F. Alesina,Andrea Stella. The Politics of Monetary Policy. 2010. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w15856.pdf(367KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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