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We examine whether it is socially beneficial for the individual voting records of central bank council members to be published when the general public is unsure about central bankers' efficiency and central bankers are aiming for re-election. We show that publication is initially harmful since...
Persistent link: https://www.econbiz.de/10011419080
We examine whether it is socially beneficial for the individual voting records of central bank council members to be published when the general public is unsure about central bankers' efficiency and central bankers are aiming for re-election. We show that publication is initially harmful since...
Persistent link: https://www.econbiz.de/10001558063
This paper examines whether it is socially desirable for the individual voting records of central bank council members to be published when central bankers' ; preferences differ. We show that the misrepresentation of their preferences is not advantageous for central bankers although central...
Persistent link: https://www.econbiz.de/10001558069
This paper examines whether it is socially desirable for the individual voting records of central bank council members to be published when central bankers' preferences differ. We show that the misrepresentation of their preferences is not advantageous for central bankers although central...
Persistent link: https://www.econbiz.de/10011419124
development and the implementation of the theory of monetary control, embodied in the Bank Charter Act of 1844. Norman wrote an … Norway, and then in fire insurance. He also wrote on economic matters, not only on monetary issues but also on trade theory …
Persistent link: https://www.econbiz.de/10011851246
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We demonstrate the advantages of a climate treaty based solely on rules for international permit markets when there is uncertainty about abatement costs and environmental damages. Such a ‘Rules Treaty’ comprises a scaling factor and a refunding rule. Each signatory can freely choose the...
Persistent link: https://www.econbiz.de/10009552905
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