Credibility, Transparency and Asymmetric Information in Monetary Policy

Reasoning about knowledge

1994 • 3,777 citations

The Optimal Degree of Commitment to an Intermediate Monetary Target

1985 • 3,677 citations

Central Bank Strategy, Credibility, and Independence: Theory and Evidence

1992 • 1,454 citations

Macroeconomic Policy in a Two-Party System as a Repeated Game

1987 • 1,344 citations

A Theory of Ambiguity, Credibility, and Inflation under Discretion and Asymmetric Information

1986 • 1,314 citations

Central Banking in Theory and Practice

1998 • 1,008 citations

How independent should a central bank be

1994 • 428 citations

Transparency and Credibility: Monetary Policy With Unobservable Goals

2001 • 428 citations

Alice in Euroland

1999 • 385 citations

An Analysis of the Stability and Growth Pact

1999 • 367 citations

Central-Bank Independence Revisited

1995 • 257 citations

Crucial issues concerning central bank independence

1997 • 240 citations

Independent Central Banks: Low Inflation at No Costs?

1995 • 187 citations

Optimal Degrees of Transparency in Monetary Policymaking

2002 • 147 citations

Credibility and politics

1988 • 136 citations

Why Adopt Transparency? The Publication of Central Bank Forecasts

2001 • 119 citations

Central bank independence and public debt policy

1997 • 94 citations

An independent central bank faced with elected governments

2004 • 89 citations

Optimal Inflation Contracts and Inflation Targets with Uncertain Central Bank Preferences: Accountability Through Independence?

1998 • 87 citations

Is Europe Going Too Far

1999 • 81 citations

Monetary Policy Uncertainty and Central Bank Accountability

1996 • 42 citations

International policy design and the sustainability of policy bargains

1986 • 33 citations

Rules, discretion, and international monetary and fiscal policy coordination

1993 • 27 citations

Can the ECB be Truly Independent? Should It Be?

2001 • 16 citations

Policy advice, secrecy, and reputational concerns

2000 • 10 citations

Policy games: Coordination and Independece in Monetary and Fiscal Policies

1994 • 10 citations

Measuring the importance of stochastic control in the design of economic policies

1981 • 10 citations