Arbeitspapier
Voting Transparency and Conflicting Interests in Central Bank Councils
This paper examines whether it is socially desirable for the individual voting records of central bank council members to be published when central bankers' preferences differ. We show that the misrepresentation of their preferences is not advantageous for central bankers although central bankers take into account the fact that they might not be re-elected. Thus, the publication of voting records is beneficial since the government can distinguish central bankers in terms of their preferences and can align the central bank council's preferences with those of the general public over time by means of its re-election decisions.
- Sprache
-
Englisch
- Erschienen in
-
Series: Discussion Paper Series 1 ; No. 2001,03
- Klassifikation
-
Wirtschaft
- Thema
-
Zentralbank
Abstimmung
Publizitätspflicht
Präferenztheorie
Geldpolitik
Public Choice
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Hahn, Volker
Gersbach, Hans
- Ereignis
-
Veröffentlichung
- (wer)
-
Deutsche Bundesbank
- (wo)
-
Frankfurt a. M.
- (wann)
-
2001
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Hahn, Volker
- Gersbach, Hans
- Deutsche Bundesbank
Entstanden
- 2001
Ähnliche Objekte (12)
Contingent contracts in banking: Insurance or risk magnification?
Financial Intermediation and the Creation of Macroeconomic Risks
New Forms of Democracy
The Global Refunding System and Climate Change
Minority voting and public project provision
Assessment Voting
Structural Reforms and the Macroeconomy: The Role of General Equilibrium Effects
Campaigns, Political Mobility, and Communication
Competition of politicians for wages and office
Banking with Contingent Contracts, Macroeconomic Risks, and Banking Crises
Competition of Politicians for Incentive Contracts and Elections
Minority Voting and Public Project Provision
Contingent contracts in banking: Insurance or risk magnification?
Financial Intermediation and the Creation of Macroeconomic Risks
New Forms of Democracy
The Global Refunding System and Climate Change
Minority voting and public project provision
Assessment Voting
Structural Reforms and the Macroeconomy: The Role of General Equilibrium Effects
Campaigns, Political Mobility, and Communication
Competition of politicians for wages and office
Banking with Contingent Contracts, Macroeconomic Risks, and Banking Crises
Competition of Politicians for Incentive Contracts and Elections
Minority Voting and Public Project Provision
Contingent contracts in banking: Insurance or risk magnification?
Financial Intermediation and the Creation of Macroeconomic Risks
New Forms of Democracy
The Global Refunding System and Climate Change
Minority voting and public project provision
Assessment Voting
Structural Reforms and the Macroeconomy: The Role of General Equilibrium Effects
Campaigns, Political Mobility, and Communication
Competition of politicians for wages and office
Banking with Contingent Contracts, Macroeconomic Risks, and Banking Crises
Competition of Politicians for Incentive Contracts and Elections