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Recent analysis by political economists of monetary institution determinants in different countries has been limited by the fact that exchange rate regimes and central bank institutions are studied in isolation from each other, without examining how one institution affects the costs and benefits of the other. By contrast, the contributors to this volume analyze the choice of exchange rate regime and level of central bank independence together; the articles (originally published in a special issue of International Organization) constitute a second generation of research on the determinants of monetary institutions. The contributors consider both economic and political factors to explain a country?s choice of monetary institutions, and examine the effect of political processes in democracies, including interest group pressure, on the balance between economic and distributional policy.
About the Author
William Bernhard is Associate Professor of Political Science at the University of Illinois at Urbana-Champaign.
J. Lawrence Broz is Assistant Professor in the Department of Political Science at the University of California, San Diego.
William Roberts Clark is Assistant Professor in the Department of Politics at New York University.
J. Lawrence Broz is Assistant Professor in the Department of Political Science at the University of California, San Diego.
William Roberts Clark is Assistant Professor in the Department of Politics at New York University.
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Inside This Book
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First Sentence:
Over the past thirty years, countries have pursued a variety of monetary arrangements and commitments. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
political system transparency, party veto players, cabinet durability, monetary commitment regimes, subnational veto players, monetary delegation, growth above the natural rate, multiple veto players, transparent political institutions, one veto player, electoral timing, monetary commitments, dependent central bank, delegating monetary policy, transparent political systems, central bank independence, exchange rate politics, central bank reform, expectational mechanisms, many veto players, log inflation, discretionary regime, punishment index, institutional veto players, monetary policy autonomy Key Phrases - Capitalized Phrases (CAPs): (learn more)
International Organization, New York, Cambridge University Press, European Monetary System, Bretton Woods, United States, New Zealand, William Roberts, American Political Science Review, Working Paper, World Bank, American Economic Review, American Journal of Political Science, International Monetary Fund, David Leblang, Lawrence Broz, Federal Reserve, David Stasavage, Princeton University Press, Latin America, Mark Hallerberg, Ann Arbor, Ernesto Stein, European Union, Jeffry Frieden New!
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Front Cover | Table of Contents | First Pages | Surprise Me!
Over the past thirty years, countries have pursued a variety of monetary arrangements and commitments. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
political system transparency, party veto players, cabinet durability, monetary commitment regimes, subnational veto players, monetary delegation, growth above the natural rate, multiple veto players, transparent political institutions, one veto player, electoral timing, monetary commitments, dependent central bank, delegating monetary policy, transparent political systems, central bank independence, exchange rate politics, central bank reform, expectational mechanisms, many veto players, log inflation, discretionary regime, punishment index, institutional veto players, monetary policy autonomy Key Phrases - Capitalized Phrases (CAPs): (learn more)
International Organization, New York, Cambridge University Press, European Monetary System, Bretton Woods, United States, New Zealand, William Roberts, American Political Science Review, Working Paper, World Bank, American Economic Review, American Journal of Political Science, International Monetary Fund, David Leblang, Lawrence Broz, Federal Reserve, David Stasavage, Princeton University Press, Latin America, Mark Hallerberg, Ann Arbor, Ernesto Stein, European Union, Jeffry Frieden New!
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Front Cover | Table of Contents | First Pages | Surprise Me!
Citations (learn more)
This book cites 88
books:
See all 88 books this book cites
4
books
cite this book:
- Political Science by Educational Testing Service Staff on 6 pages
- The Currency Game: Exchange Rate Politics in Latin America (Inter-American Development Bank) by Professor Jeffry Frieden on 4 pages
- Internationalization and Domestic Politics (Cambridge Studies in Comparative Politics) by Robert O. Keohane on page 136, page 137, and page 138
- Gatekeepers of Growth by Sylvia Maxfield on page 31, page 82, and page 137
- International Political Economy by Jeffry A. Frieden on page 109, page 167, and page 216
See all 88 books this book cites
- Delegation and Agency in International Organizations (Political Economy of Institutions and Decisions) by Darren G. Hawkins in Front Matter
- Towards North American Monetary Union?: The Politics and History of Canada's Exchange Rate Regime by Eric Helleiner in Back Matter
- The International Political Economy of Investment Bubbles by Paul Sheeran in Back Matter
- Exchange Rate Crises in Developing Countries: The Political Role of the Banking Sector (The International Political Economy of New Regionalisms) by Michael G. Hall in Back Matter
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