... it is thanks to works like this one that we can make progress in the understanding of the
phenomenon of independent regulatory authorities in Europe and elsewhere. Competition …

Modern mainstream economics is attracting an increasing number of critics of its high
degree of abstraction and lack of relevance to economic reality. Economists are calling for a …

The global financial crisis of 2007 and 2008 transformed monetary policy, forcing central
bankers to move far beyond their pre-crisis instruments, goals, and expertise. In this article, I …

Independent regulatory agencies are the institutional foundations of the regulatory state that,
during the past 15 years, has gained prominence throughout Europe. This article studies the …

This book fills a gap in academic literature on the politics and public policy aspects of central
banking in Europe, by conducting a theoretically-informed and empirically-grounded …

This book examines how the International Monetary Fund engages in the politics of ideas to
shape domestic institutional change. Drawing on case studies from post-Soviet Central Asia …

This paper challenges the time-inconsistency case for central bank independence. It argues
that the time-inconsistency literature not only seriously confuses the substance of the rules …

In the past decade, numerous emerging market countries have adopted inflation targeting as
their basic monetary policy strategy. The institutional framework in many emerging market …

This paper critically assesses the rise of central bank independence (CBI) as an apparent
success story in modern monetary economics. As to the observed rise in CBI since the late …

For international organisations (IOs), building a credible reputation is hard work and
'good'reputations quickly become tarnished when things start to go wrong. Generating a …