Checks and Balances, Private Information, and the Credibility of Monetary Commitments

Rules Rather than Discretion: The Inconsistency of Optimal Plans

1977 • 7,667 citations

The Optimal Degree of Commitment to an Intermediate Monetary Target

1985 • 3,677 citations

Veto Players

2002 • 3,077 citations

New Tools in Comparative Political Economy: The Database of Political Institutions

2001 • 2,915 citations

Administrative Procedures as Instruments of Political Control

1987 • 2,144 citations

Several Tests for Model Specification in the Presence of Alternative Hypotheses

1981 • 1,821 citations

Measuring the Independence of Central Banks and Its Effect on Policy Outcomes

1992 • 1,692 citations

Bureaucratic Discretion or Congressional Control? Regulatory Policymaking by the Federal Trade Commission

1983 • 1,445 citations

Delegating Powers

1999 • 996 citations

Delegating powers: a transaction cost politics approach to policy making under separate powers

2000 • 979 citations

Openness and Inflation: Theory and Evidence

1993 • 971 citations

Models of currency crises with self-fulfilling features

1996 • 784 citations

Mixed Signals: Central Bank Independence, Coordinated Wage Bargaining, and European Monetary Union

1998 • 639 citations

Monetary Policy Games and the Role of Private Information

1984 • 452 citations

Transparency and Credibility: Monetary Policy With Unobservable Goals

2001 • 428 citations

Central bank reform, liberalization and inflation in transition economies—an international perspective

2002 • 356 citations

Political System Transparency and Monetary Commitment Regimes

2002 • 310 citations

Rational Expectations and Policy Credibility Following a Change in Regime

1985 • 279 citations

The Political Economy of Monetary Institutions

2002 • 278 citations

Partially Independent Central Banks, Politically Responsive Governments, and Inflation

1999 • 263 citations

A Political Explanation of Variations in Central Bank Independence

1998 • 254 citations

Democratic Institutions and Exchange-rate Commitments

1999 • 242 citations

Why Does Inflation Differ Across Countries

1996 • 213 citations

Federalism and Central bank Independence: The Politics of German Monetary Policy, 1957–92

1998 • 191 citations

Checks and balances, and the supply of central bank independence

1999 • 184 citations

Does the exchange rate regime matter for inflation and growth

1996 • 175 citations

Reputation in a Model of Monetary Policy with Incomplete Information

1986 • 147 citations

Gatekeepers of Growth

1998 • 128 citations

Does it Pay to be Transparent? International Evidence from Central Bank Forecasts

2001 • 127 citations

Monetary and fiscal policy

1988 • 107 citations

Central Bank Rerform, Liberalization and Inflation in Transition Economies - an International Perspective

2000 • 83 citations

Transparency, reputation, and credibility under floating and pegged exchange rates

1999 • 73 citations

Central Bank Reform, Liberalization and Inflation in Transition Economies - An International Perspective

2000 • 70 citations

On the credibility of alternative exchange rate regimes

1997 • 59 citations

Bureaucratic Delegation and Political Institutions: When Are Independent Central Banks Irrelevant?

1999 • 49 citations

Bureaucratic delegation and political institutions: when are independent central banks irrelevent?

2000 • 27 citations

Banking, financial integration, and international crises

2002 • 23 citations