This paper presents an institutional model to investigate the cooperation between a government and a central bank. The former selects the monetary policy and then delegates the organization of macroprudential policy to the latter. Their policy stances are the result of sequential constrained...

This paper presents an institutional model to investigate the cooperation between a government and a central bank. The former selects the monetary policy and then delegates the organization of macroprudential policy to the latter. Their policy stances are the result of sequential constrained...

Part I: Themes in Chicago Economics -- 1: The Department of Economics at the University of Chicago, 1947–1982 -- 2: Economic History in Departments of Economics: The Case of the University of Chicago, 1892 to the Present -- 3: International Economics at Chicago -- 4: Chicago Political Economy,...