Independence in Crisis - Juan Miguel Rodríguez López eBook
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Independence in Crisis

The Argentinean Central Bank and their accountability for bureaucratic and political decisions, 1991-2007

Juan Miguel Rodríguez López


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Central bankers like the idea of low inflation, but their actions have a distribution effect of richness. During the 1990s, the independence of central banks increased. What have central banks done with this independence? When we infer that all actors have interests, whether governments, voters or interest groups, why would we assume that central banks are technocratic institutions maximizing the welfare of the state? To answer these questions, this study looks at the Argentinean Central Bank between 1991 and 2007 and researches the incentives of a central bank to act strategically. This book uses a model which is an adaptation of Helmke’s model (2002, 2005) for the Supreme Court of Justice. An inter-temporal conflict of interest explains the Central Bank’s behavior.

About the book
Author
Juan Miguel  Rodríguez López
Imprint
Peter Lang GmbH, Internationaler Verlag der Wissenschaften
Collection
n.c
Publication date
2012-11-14
Pages
204 pages
Print ISBN
9783631638262
Language
English
Ebook informations
EAN PDF
9783653023350
Price
£33.71
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Copy count 40
Print count 40
File size 2355 Ko
Ce livre est accessible aux handicaps   Informations accessibility
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