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On Monetary and Non-Monetary Interventions to Combat Corruption
Banerjee, Ritwik - 2017
-monetary disincentives to corruption. In doing so, we also test the Beckarian prediction that at the same level of expected payoff, a low … probability of detection with high penalty is a stronger deterrent to corruption than a high probability of detection with low …
Persistent link: https://www.econbiz.de/10012960284
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On Monetary and Non-Monetary Interventions to Combat Corruption
Banerjee, Ritwik - 2018
corruption, using a harassment bribery game. In doing so, we also test the Beckerian prediction that at the same level of … expected payoff, a low probability of detection with high fine is a stronger deterrent to corruption than a high probability of …
Persistent link: https://www.econbiz.de/10012931515
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Insider trading among central bankers : a treatise on temptation and policy choice
Schinke, Michael; Lambsdorff, Johann - 2006
Corruption among central banks induces distorted policies by, first, increasing the inflation bias and, second … bankers with similar preferences, corruption might be tolerated as an instrument of bringing factual policies more in line …
Persistent link: https://www.econbiz.de/10009424461
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Insider trading among Central Bankers : a treatise on temptation and policy choice
Schinke, Michael; Lambsdorff, Johann - 2006
Persistent link: https://www.econbiz.de/10003273471
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Cash on trial, mk II : economics, technology and institutions
Birchler, Urs W. (ed., introduction);  … - Cash on Trial <Veranstaltung> <2019, Frankfurt am Main>; … - 2019
Persistent link: https://www.econbiz.de/10012112413
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Central bank's retained profits and discount windows : a bureaucratic organization's discretion-seeking hypothesis
Kim, Il-joong; Kim, Inbae - In: Emerging markets finance & trade : a journal of the … 49 (2013) 3, pp. 84-102
Persistent link: https://www.econbiz.de/10010200842
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Bureaucratic Delegation and Political Institutions : When Are Independent Central Banks Irrelevant?
Keefer, Philip - 1999
reports new theory and tests related to delegation of monetary policy to an independent central bank. The authors find that …
Persistent link: https://www.econbiz.de/10010524515
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Un modèle de comportement bureaucratique de la banque centrale : le cas de la BCEAO
N'Guessan, Tchétché - In: Revue économique : revue bimestrielle 42 (1991) 5, pp. 901-915
Persistent link: https://www.econbiz.de/10001111319
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Discretion Rather than Rules : Choice of Instruments to Control Bureaucratic Policy Making
Gailmard, Sean - 2010
In this paper I investigate the trade-off a legislature faces in the choice of instruments to ensure accountability by bureaucrats with private information. The legislature can either design a state-contingent incentive scheme or “menu law” to elicit the bureau's information or it can simply...
Persistent link: https://www.econbiz.de/10013151463
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Bureaucratic Delegation and Political Institutions : When are Independent Central Banks Irrelevant?
Keefer, Philip; Stasavage, David - 2004
theory and tests related to delegation of monetary policy to an independent central bank. The authors find that delegation …
Persistent link: https://www.econbiz.de/10014130509