The effects of fiscal and monetary discipline on budgetary outcomes

Contemporary Economic Policy

Volumn 25, Issue 2, 2007, Pages 146-155

  Neyapti, Bilin ^a   Ozgur, Secil ^a  

^a BILKENT UNIVERSITY   (Turkey)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 34247871259     PISSN: 10743529     EISSN: 14657287     Source Type: Journal    
DOI: 10.1111/j.1465-7287.2007.00034.x     Document Type: Article

References (20)

1. Alesina, A., R. Hausmann, R. Hommes, and E. Stein. "Budget Institutions and Fiscal Performance in Latin America." National Bureau of Economic Research Working Paper No. 5586, 1996.
2. Alesina, A., and L. H. Summers. "Central Bank Independence and Macroeconomic Performance: Some Comparative Evidence." Journal of Money, Credit, and Banking, 25, 1993, 151 62.
3. Beetsma, R., and H. Uhlig. "An Analysis of the Stability and Growth Pact." Cahiers de Recherche, Forschungsberichte, Research Papers, July 1998.
4. Berument, H. "Central Bank Independence and Financing Government Spending." Journal of Macroeconomics, 20, 1998, 133 51.
5. Cukierman, A. Central Bank Strategy, Credibility and Independence: Theory and Evidence. Cambridge, Mass MIT Press, 1992.
6. Cukierman, A., and F. Lippi. "Central Bank Independence, Centralization of Wage Bargaining, Inflation and Unemployment - Theory and Some Evidence." European Economic Review, 43, 1999, 1395 434.
7. Cukierman, A., G. Miller, and B. Neyapti. "Central Bank Independence, Liberalization and Inflation in Transition Economies." Journal of Monetary Economics, 49, 2002, 237 64.
8. Cukierman, A., S. B. Webb, and B. Neyapti. "Measuring the Independence of Central Banks and its Effect on Policy Outcomes." World Bank Economic Review, 6, 1992, 353 98.
9. Eijffinger, S., and J. De Haan. "The Political Economy of Central Bank Independence." Special Papers in International Economics, No. 19, International Finance Section, Department of Economics, Princeton University, 1996.
10. Eijffinger, S., and E. Schaling. "Central Bank Independence in Twelve Industrial Countries." Banca Nazionale del Lavoro Quarterly Review, 184, 1993, 64 8.
11. Eijffinger, S., and M. van Keulen. "Central Bank Independence in Another Eleven Countries." Banca Nazionale del Lavoro Quarterly Review, 192, 1995, 39 83.
12. Gleich, H. "Budget Institutions and Fiscal Performance in Central and Eastern European Countries." ECB Working Paper No. 215, 2003.
13. Goodman, J. B. "The Politics of Central Bank Independence." Comparative Politics, April 1991, 329 49.
14. Grilli, V., D. Masciandro, and G. Tabellini. "Economic and Monetary Institutions and Public Financial Policies in the Industrial Countries." Economic Policy, 13, 1991, 340 92.
15. Neyapti, B. "Budget Deficits and Inflation: An Investigation of the Roles of Central Bank Independence and Financial Market Development." Contemporary Economic Policy, 21, 2003, 458 75.
16. Posen, A. "Why Central Bank Independence Does not Cause Low Inflation," in R. O'Brien (editor). Finance and International Economy, Oxford : Oxford University Press, 1994.
17. Rogoff, K. "The Optimal Degree of Commitment to an Intermediate Monetary Target." Quarterly Journal of Economics, 100, 1985, 1169 90.
18. Sargent, T., and N. Wallace. "Some Unpleasant Monetary Arithmetics." Quarterly Review, Federal Reserve Bank of Minneapolis, 9, 1981, 15 31.
19. Von Hagen J., "Budgeting Procedures and Fiscal Performance in the EC." Economic Papers-96, European Commissions, Brussels, 1992.
20. Von Hagen, J., and I. J. Harden. "Budget Processes and Commitment to Fiscal Discipline." European Economic Review, 39, 1995, 771 9.