This book integrates new political and economic elements into the analysis of monetary policy credibility and central bank independence. The author considers im

The specific role of central bank independence in determining the overall credibility of monetary policy is addressed in this paper. It is argued that the credi

This book brings together a large body of Cukierman's research and integrates it with recent developments in the political economy of monetary policy.

This book discusses the role of central banks and draws lessons from examining their evolution over the past two centuries.

There has been growing interest recently in the scope for promoting monetary stability through the establishment of independent central banks. This paper review