Show simple item record

Independent but Not Indifferent: Partisan Bias in Monetary Policy at the Fed

dc.contributor.authorClark, William Robertsen_US
dc.contributor.authorArel‐bundock, Vincenten_US
dc.date.accessioned2013-02-12T19:00:28Z
dc.date.available2014-05-01T14:28:19Zen_US
dc.date.issued2013-03en_US
dc.identifier.citationClark, William Roberts; Arel‐bundock, Vincent (2013). "Independent but Not Indifferent: Partisan Bias in Monetary Policy at the Fed." Economics & Politics (1): 1-26. <http://hdl.handle.net/2027.42/96265>en_US
dc.identifier.issn0954-1985en_US
dc.identifier.issn1468-0343en_US
dc.identifier.urihttps://hdl.handle.net/2027.42/96265
dc.publisherUniversity of Washingtonen_US
dc.publisherWiley Periodicals, Inc.en_US
dc.titleIndependent but Not Indifferent: Partisan Bias in Monetary Policy at the Feden_US
dc.typeArticleen_US
dc.rights.robotsIndexNoFollowen_US
dc.subject.hlbsecondlevelEconomicsen_US
dc.subject.hlbsecondlevelPolitical Scienceen_US
dc.subject.hlbtoplevelSocial Sciencesen_US
dc.subject.hlbtoplevelGovernment, Politics and Lawen_US
dc.description.peerreviewedPeer Revieweden_US
dc.description.bitstreamurlhttp://deepblue.lib.umich.edu/bitstream/2027.42/96265/1/ecpo12006.pdf
dc.description.bitstreamurlhttp://deepblue.lib.umich.edu/bitstream/2027.42/96265/2/ecpo12006-sup-0001-AppendixS1-S13.pdf
dc.identifier.doi10.1111/ecpo.12006en_US
dc.identifier.sourceEconomics & Politicsen_US
dc.identifier.citedreferenceKeefer, P. and D. Stasavage, 2003, The limits of delegation: veto players, central bank independence, and the credibility of monetary policy. American Political Science Review 97, 407 – 423.en_US
dc.identifier.citedreferenceHibbs Jr. D. A., 1977, Political parties and macroeconomic policy. The American Political Science Review 71, pp. 1467 – 1487.en_US
dc.identifier.citedreferenceHyndman, R. J. and Y. Khandakar, 2008, Automatic time series forecasting: the forecast package for R automatic time series forecasting: the forecast package for R. Journal of Statistical Software 27.en_US
dc.identifier.citedreferenceKydland, F. E. and E. C. Prescott, 1977, Rules rather than discretion: the inconsistency of optimal plans. The Journal of Political Economy 85, 473 – 491.en_US
dc.identifier.citedreferenceWalsh, C. E., 1995, Optimal contracts for central bankers. The American Economic Review 85, 150 – 167.en_US
dc.identifier.citedreferenceTufte, E. R.. 1978, Political Control of the Economy. ( Princeton University Press, Princeton, NJ ).en_US
dc.identifier.citedreferenceRogoff, K., 1985, The optimal degree of commitment to an intermediate monetary target. The Quarterly Journal of Economics 100, 1169.en_US
dc.identifier.citedreferenceReinhart, C. M. and K. S. Rogoff, 2009, This Time is Different: Eight Centuries of Financial Folly. ( Princeton University Press, Princeton, NJ ).en_US
dc.identifier.citedreferencePosen, A. S., 1995, Declarations are not enough: financial sector sources of central bank independence. NBER Macroeconomics Annual 10, 253 – 274.en_US
dc.identifier.citedreferenceMcCubbins, M. D. and T. Schwartz, 1984, Congressional oversight overlooked: police patrols versus fire alarms. American Journal of Political Science 28, 165 – 179.en_US
dc.identifier.citedreferenceLohmann, S., 2003, Rationalizing the political business cycle: a workhorse model. Economics & Politics 10, 1 – 17.en_US
dc.identifier.citedreferenceAbrams, B. A. and P. Iossifov, 2006, Does the Fed contribute to a political business cycle? Public Choice 129, 249 – 262.en_US
dc.identifier.citedreferenceAdolph, C., 2004, Succession in the temple: central banker careers and the politics of appointment. Technical report Working Paper, University of Washington.en_US
dc.identifier.citedreferenceAlesina, A. and H. Rosenthal, 1995, Partisan Politics, Divided Government, and the Economy. ( Cambridge University Press, New York ).en_US
dc.identifier.citedreferenceAlpanda, S. and A. Honig, 2009, The impact of central bank independence on political monetary cycles in advanced and developing nations. Journal of Money, Credit and Banking 41, 1365 – 1389.en_US
dc.identifier.citedreferenceBarro, R. J. and D. B. Gordon, 1983, A positive theory of monetary policy in a natural rate model. The Journal of Political Economy 91, 589 – 610.en_US
dc.identifier.citedreferenceBartels, L. M., 2010, Unequal Democracy: The Political Economy of the New Gilded Age. ( Princeton Univ Press, Princeton, NJ ).en_US
dc.identifier.citedreferenceBerger, H. and F. Schneider, 2000, The bundesbank's reaction to policy conflicts. in: J. de Haan, ed., The History of the Bundesbank: Lessons for the European Central Bank, Routledge, London, pp. 43 – 66.en_US
dc.identifier.citedreferenceBroz, J. L., Forthcoming, Partisan financial cycles, in: D. L. Lake and M. Kahler, eds., Politics in the New Hard Times: The Great Recession in Comparative Perspective ( Cornell University Press, Ithaca, NY.en_US
dc.identifier.citedreferenceCameron, D. R., 1978, The expansion of the public economy: a comparative analysis. American Political Science Review 72, 1243 – 1261.en_US
dc.identifier.citedreferenceClark, W. R. and M. Hallerberg, 2000, Mobile capital, domestic institutions, and electorally induced monetary and fiscal policy. The American Political Science Review 94, 323 – 346.en_US
dc.identifier.citedreferenceCusack, T. R., 2001, Partisanship in the setting and coordination of fiscal and monetary policies. European Journal of Political Research 40, 93 – 115.en_US
dc.identifier.citedreferenceFranzese, R. J., 1999, Partially independent central banks, politically responsive governments, and inflation. American Journal of Political Science 43, 681 – 706.en_US
dc.identifier.citedreferenceGalbraith, J., O. Giovannoni, and A. J. Russo, 2007. The Fed?s real reaction function: monetary policy, inflation, unemployment, inequality? and presidential politics. University of Texas International Politics No. 42.en_US
dc.owningcollnameInterdisciplinary and Peer-Reviewed


Files in this item

Show simple item record

Remediation of Harmful Language

The University of Michigan Library aims to describe its collections in a way that respects the people and communities who create, use, and are represented in them. We encourage you to Contact Us anonymously if you encounter harmful or problematic language in catalog records or finding aids. More information about our policies and practices is available at Remediation of Harmful Language.

Accessibility

If you are unable to use this file in its current format, please select the Contact Us link and we can modify it to make it more accessible to you.