Details about Alex Cukierman

E-mail:
Homepage:	http://www.tau.ac.il/~alexcuk/
Phone:	+972-3-6409-909
Postal address:	Berglas School of Economics, Tel-Aviv University Tel-Aviv 69978 Israel
Workplace:	Foerder Institute for Economic Research, Eitan Berglas School of Economics, Tel Aviv University, (more information at EDIRC)

Access statistics for papers by Alex Cukierman.

Last updated 2009-06-05. Update your information in the RePEc Author Service.

Short-id: pcu20

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Jump to Journal Articles Books Edited books

Working Papers

2007

1. Central Bank Independence and Monetary Policymaking Institutions - Past Present and Future
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in Working Papers, Faculty of economics, Department of Economics (2007)
   Working Papers Central Bank of Chile, Central Bank of Chile (2006)
   See also Journal Article in European Journal of Political Economy (2008)
2. Fiscal Policy, Labor Unions, Competitiveness and Monetary Institutions: Their Long Run Impact on Unemployment, Inflation and Welfare
   Kiel Working Papers, Kiel Institute for the World Economy
3. Fiscal Policy, Labour Unions and Monetary Institutions: Their Long Run Impact on Unemployment, Inflation and Welfare
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
4. The Limits of Transparency
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
   See also Journal Article in Proceedings (2007)

2005

5. Fiscal-Monetary Policy Interactions in the Presence of Unionized Labour Markets
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   See also Journal Article in International Tax and Public Finance (2006)
6. Keynesian Economics, Monetary Policy and the Business Cycle - New and Old
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
7. Legal, Actual and Desirable Independence: A Case Study of the Bank of Israel
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
8. Wars, Redistribution and Civilian Federal Expenditures in the US over the Twentieth Century
   DNB Working Papers, Netherlands Central Bank, Research Department
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005)

2004

9. Endogenous monetary policy with unobserved potential output
   Temi di discussione (Economic working papers), Bank of Italy, Economic Research Department
   Also in CEIS Research Paper, Tor Vergata University, CEIS (2003) View citations
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2003) View citations
   See also Journal Article in Journal of Economic Dynamics and Control (2005)

2003

10. The Choice of Exchange Rate Regime and Speculative Attacks
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    See also Journal Article in Journal of the European Economic Association (2004)
11. The Inflation Bias Revisited: Theory and Some International Evidence
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    See also Journal Article in Manchester School (2003)

2002

12. Do Central Banks have Precautionary Demands for Expansions and for Price Stability?
    Working Papers, Department of Economics, University of Glasgow View citations
13. Do Central Banks have Precautionary Demands for Expansions and for Price Stability? -- Theory and Evidence
    CESifo Working Paper Series, CESifo Group Munich View citations

2001

14. Are Contemporary Central Banks Transparent about Economic Models and Objectives and What Difference Does it Make?
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank, Research Centre View citations
    See also Journal Article in Review (2002)
15. Central Bank Reform, Liberalization and Inflation in Transition Economies - An International Perspective
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    Also in Discussion Paper, Tilburg University, Center for Economic Research (2000) View citations
    Working Papers, Tel Aviv (2000) View citations
    Working Papers, Tel Aviv (2000) View citations
    See also Journal Article in Journal of Monetary Economics (2002)
16. Economic Performance and Stabilization Policy in a Monetary Union with Imperfect Labour and Goods Markets
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations

2000

17. Accountability, Credibility, Transparency and Stabilization Policy in the Eurosystem
    Working Papers, Tel Aviv View citations
18. Labor Markets and Monetary Union: a Strategic Analysis
    Working Papers, Banca Italia - Servizio di Studi View citations
    Also in Discussion Paper, Tilburg University, Center for Economic Research (1999) View citations
    Temi di discussione (Economic working papers), Bank of Italy, Economic Research Department (2000)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (1999) View citations
    See also Journal Article in Economic Journal (2001)
19. Monetary Institutions, Monopolistic Competition, Unionized Labour Markets And Economic Performance
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    See also Journal Article in Scandinavian Journal of Economics (2006)
20. The choice of exchange rate bands: balancing credibility and flexibility
    Discussion Paper, Tilburg University, Center for Economic Research
    Also in Working Papers, Tel Aviv - the Sackler Institute of Economic Studies (1993) View citations
    See also Journal Article in Journal of International Economics (2004)

1999

21. Establishing a reputation for dependability by means of inflation targets
    Discussion Paper, Tilburg University, Center for Economic Research
    See also Journal Article in Economics of Governance (2000)
22. The Inflation Bias Result Revisited
    Working Papers, Tel Aviv View citations

1998

23. Central Bank Independence, Centralization of Wage Bargaining, Inflation and Unemployment - Theory and Evidence
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    Also in Working Papers, Banca Italia - Servizio di Studi (1998) View citations
24. Central bank independence, centralization of wage bargaining, inflation and unemployment: theory and some evidence
    Discussion Paper, Tilburg University, Center for Economic Research View citations
    See also Journal Article in European Economic Review (1999)
25. When do Representative and Direct Democracies Lead to Similar Policy Choices?
    Working Papers, Tel Aviv View citations

1997

26. When Does It Take a Nixon to Go to China
    Working Papers, Tel Aviv View citations
    See also Journal Article in American Economic Review (1998)

1996

27. Targeting Monetary Aggregates and Inflation in Europe
    Working Papers, Tel Aviv View citations
    Also in Discussion Paper, Tilburg University, Center for Economic Research (1996) View citations
28. The Economics of Central Banking
    Working Papers, Tel Aviv View citations
    Also in Discussion Paper, Tilburg University, Center for Economic Research (1996) View citations

1995

29. Political Influence on the Central Bank- International Evidence
    University of Chicago - George G. Stigler Center for Study of Economy and State, Chicago - Center for Study of Economy and State View citations
    See also Journal Article in World Bank Economic Review (1995)

1994

30. Choosing the Width of Exchange Rate Bands - Credibility vs. Flexibility
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
31. The Political Economy of Immigration
    Public Economics, EconWPA View citations

1992

32. How much to commit to an exchange rate rule: balancing credibility and flexibility
    Policy Research Working Paper Series, The World Bank View citations

1991

33. The Dynamics of Optimal Gradual Stabilizations
    Working Papers, Tel Aviv
    See also Journal Article in World Bank Economic Review (1992)

1990

34. Seigniorage and Political Stabiliity
    CEPR Discussion Papers, C.E.P.R. Discussion Papers

1989

35. OPTIMAL ACCOMMODATION BY STRONG POLICYMAKERS UNDER INCOMPLETE INFORMATION
    Working Papers, Tel Aviv View citations
    See also Journal Article in Journal of Monetary Economics (1991)
36. Seigniorage and Political Instability
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in American Economic Review (1992)

1988

37. MONETARY POLICY AND INSTITUTIONS IN ISRAEL PAST, PRESENT AND FUTURE
    Working Papers, Tel Aviv View citations

1987

38. Some problems with current price indexes
    Working Papers, Federal Reserve Bank of St. Louis
39. The Politics of Ambiguity
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in The Quarterly Journal of Economics (1990)

1978

40. The Relationship Between Relative Prices and the General Price Level: A Suggested Interpretation
    Working Papers, C.V. Starr Center for Applied Economics, New York University
    See also Journal Article in American Economic Review (1979)
41. Variable Information Structures and Rational Expectations or Rational Expectations and the Role of Monetary Policy: A Generalization
    Working Papers, C.V. Starr Center for Applied Economics, New York University

Journal Articles

2008

1. Central bank independence and monetary policymaking institutions -- Past, present and future
   European Journal of Political Economy, 2008, 24, (4), 722-736 View citations
   Also in Journal Economía Chilena (The Chilean Economy), 2006, 9, (1), 5-23 (2006) View citations
   See also Working Paper (2007)

2007

2. On the relationship between defense and non-defense spending in the U.S. during the world wars
   Economics Letters, 2007, 95, (3), 415-421
3. The limits of transparency
   Proceedings, 2007 View citations
   See also Working Paper (2007)

2006

4. Fiscal-monetary policy interactions in the presence of unionized labor markets
   International Tax and Public Finance, 2006, 13, (4), 411-435
   See also Working Paper (2005)
5. Monetary Institutions, Monopolistic Competition, Unionized Labor Markets and Economic Performance
   Scandinavian Journal of Economics, 2006, 108, (1), 39-63 View citations
   See also Working Paper (2000)

2005

6. Endogenous monetary policy with unobserved potential output
   Journal of Economic Dynamics and Control, 2005, 29, (11), 1951-1983 View citations
   See also Working Paper (2004)

2004

7. Comment on: "Macroeconomic consequences of terror: theory and the case of Israel"
   Journal of Monetary Economics, 2004, 51, (5), 1003-1006 View citations
8. The Choice of Exchange-Rate Regime and Speculative Attacks
   Journal of the European Economic Association, 2004, 2, (6), 1206-1241 View citations
   See also Working Paper (2003)
9. The choice of exchange rate bands: balancing credibility and flexibility
   Journal of International Economics, 2004, 62, (2), 379-408 View citations
   See also Working Paper (2000)

2003

10. Book Reviews
    Journal of Economics, 2003, 80, (1), 99-103
11. The inflation bias revisited: theory and some international evidence
    Manchester School, 2003, 71, (5), 541-565 View citations
    See also Working Paper (2003)
12. When is the median voter paradigm a reasonable guide for policy choices in a representative democracy?
    Economics and Politics, 2003, 15, (3), 247-284 View citations

2002

13. Are contemporary central banks transparent about economic models and objectives and what difference does it make?
    Review, 2002, (Jul), 15-36 View citations
    See also Working Paper (2001)
14. Central bank reform, liberalization and inflation in transition economies--an international perspective
    Journal of Monetary Economics, 2002, 49, (2), 237-264 View citations
    See also Working Paper (2001)

2001

15. Labour Markets and Monetary Union: A Strategic Analysis
    Economic Journal, 2001, 111, (473), 541-65 View citations
    See also Working Paper (2000)

2000

16. Establishing a reputation for dependability by means of inflation targets
    Economics of Governance, 2000, 1, (1), 53-76
    See also Working Paper (1999)

1999

17. Central bank independence, centralization of wage bargaining, inflation and unemployment:: Theory and some evidence
    European Economic Review, 1999, 43, (7), 1395-1434 View citations
    See also Working Paper (1998)

1998

18. When Does It Take a Nixon to Go to China?
    American Economic Review, 1998, 88, (1), 180-97 View citations
    See also Working Paper (1997)

1996

19. A economia do Banco Central
    Revista Brasileira de Economia, 1996, 50, (4)

1995

20. Political Influence on the Central Bank: International Evidence
    World Bank Economic Review, 1995, 9, (3), 397-423 View citations
    See also Working Paper (1995)

1994

21. Central Bank Independence and Monetary Control
    Economic Journal, 1994, 104, (427), 1437-48 View citations

1993

22. Central Bank Independence, Political Influence and Macroeconomic Performance: a Survey of Recent Development
    Cuadernos de Economía (Latin American Journal of Economics), 1993, 30, (91), 271-292 View citations
23. Central bank independence, growth, investment, and real rates
    Carnegie-Rochester Conference Series on Public Policy, 1993, 39, (1), 95-140 View citations

1992

24. Measuring the Independence of Central Banks and Its Effect on Policy Outcomes
    World Bank Economic Review, 1992, 6, (3), 353-98 View citations
25. Seigniorage and Political Instability
    American Economic Review, 1992, 82, (3), 537-55 View citations
    See also Working Paper (1989)
26. The Dynamics of Optimal Gradual Stabilizations
    World Bank Economic Review, 1992, 6, (3), 439-58 View citations
    See also Working Paper (1991)

1991

27. Asymmetric Information and the Electoral Momentum of Public Opinion Polls
    Public Choice, 1991, 70, (2), 181-213 View citations
28. Optimal accommodation by strong policymakers under incomplete information
    Journal of Monetary Economics, 1991, 27, (1), 99-127 View citations
    See also Working Paper (1989)

1990

29. The Politics of Ambiguity
    The Quarterly Journal of Economics, 1990, 105, (4), 829-50 View citations
    See also Working Paper (1987)

1989

30. A Political Theory of Government Debt and Deficits in a Neo-Ricardian Framework
    American Economic Review, 1989, 79, (4), 713-32 View citations
31. Why does the Fed smooth interest rates?
    Proceedings, 1989, 111-157 View citations

1988

32. Rapid inflation -- deliberate policy or miscalculation?
    Carnegie-Rochester Conference Series on Public Policy, 1988, 29, (1), 11-75 View citations
33. Rapid inflation -- deliberate policy or miscalculation?: Reply to flood
    Carnegie-Rochester Conference Series on Public Policy, 1988, 29, (1), 81-84

1987

34. Errata [A Positive Theory of Discretionary Policy, the Cost of Democratic Government and the Benefits of a Constitution]
    Economic Inquiry, 1987, 25, (2), 363-65

1986

35. A Positive Theory of Discretionary Policy, the Cost of Democratic Government and the Benefits of a Constitution
    Economic Inquiry, 1986, 24, (3), 367-88 View citations
36. A Theory of Ambiguity, Credibility, and Inflation under Discretion and Asymmetric Information
    Econometrica, 1986, 54, (5), 1099-1128 View citations
37. Central bank behavior and credibility: some recent theoretical developments
    Review, 1986, (May), 5-17 View citations
38. Measuring inflationary expectations: A review essay
    Journal of Monetary Economics, 1986, 17, (2), 315-324 View citations

1984

39. Price Controls and the Variability of Relative Prices
    Journal of Money, Credit and Banking, 1984, 16, (3), 271-84 View citations

1983

40. Money and economic activity, inventories and business cycles
    Journal of Monetary Economics, 1983, 11, (3), 281-319 View citations
41. Relative price variability and inflation: A survey and further results
    Carnegie-Rochester Conference Series on Public Policy, 1983, 19, (1), 103-157 View citations
42. Reply to Parks and Cutler
    Carnegie-Rochester Conference Series on Public Policy, 1983, 19, (1), 167-170

1982

43. Inflationary Expectations: Reply and Further Thoughts on Inflation Uncertainty
    American Economic Review, 1982, 72, (3), 508-12 View citations
44. Relative Price Variability and Nonuniform Inflationary Expectations
    Journal of Political Economy, 1982, 90, (1), 146-57 View citations
45. Relative price variability, inflation and the allocative efficiency of the price system
    Journal of Monetary Economics, 1982, 9, (2), 131-162 View citations

1981

46. Interest rates during the cycle, inventories and monetary policy--A theoretical analysis
    Carnegie-Rochester Conference Series on Public Policy, 1981, 15, (1), 87-144

1980

47. Stagflation, persistent unemployment and the permanence of economic shocks
    Journal of Monetary Economics, 1980, 6, (4), 467-492 View citations
48. The Effects of Uncertainty on Investment under Risk Neutrality with Endogenous Information
    Journal of Political Economy, 1980, 88, (3), 462-75 View citations
49. The effects of wage indexation on macroeconomic fluctuations: A generalization
    Journal of Monetary Economics, 1980, 6, (2), 147-170 View citations

1979

50. Differential Inflationary Expectations and the Variability of the Rate of Inflation: Theory and Evidence
    American Economic Review, 1979, 69, (4), 595-609 View citations
51. Rational expectations and the role of monetary policy: A generalization
    Journal of Monetary Economics, 1979, 5, (2), 213-229 View citations
52. The Relationship between Relative Prices and the General Price Level: A Suggested Interpretation
    American Economic Review, 1979, 69, (3), 444-47 View citations
    See also Working Paper (1978)
53. The redistributive effects of inflation and of the introduction of a real tax system in the U.S. bond market
    Journal of Public Economics, 1979, 12, (1), 125-139

1978

54. Heterogeneous inflationary expectations, Fisher's theory of interest and the allocative efficiency of the bond market
    Economics Letters, 1978, 1, (2), 151-155
55. The Horizontal Integration of the Banking Firm, Credit Rationing and Monetary Policy
    Review of Economic Studies, 1978, 45, (1), 165-78

1977

56. A Test of Expectational Processes Using Information from the Capital Markets-The Israeli Case
    International Economic Review, 1977, 18, (3), 737-53
57. General Wage Escalator Clauses and the Inflation Unemployment Trade Off
    Economic Inquiry, 1977, 15, (1), 67-84
58. The effects of indexation of wage contracts on macro-economic stability
    European Economic Review, 1977, 9, (1), 83-96

1976

59. Contracting for Optimal Delivery Time in Long-Term Projects
    Bell Journal of Economics, 1976, 7, (1), 132-149 View citations

1974

60. A Test of the "No Trade Off in the Long Run" Hypothesis
    Econometrica, 1974, 42, (6), 1069-80 View citations

1973

61. The Term-Structure of Interest Rates and Expectations of Price Increase and Devaluation
    Journal of Finance, 1973, 28, (3), 567-75 View citations

1972

62. Money Illusion and the Aggregate Consumption Function: Comment
    American Economic Review, 1972, 62, (1), 198-206

Books

1992

1. Central Bank Strategy, Credibility, and Independence: Theory and Evidence, vol 1
   MIT Press Books, The MIT Press

Edited books

1992

1. Political Economy, Growth, and Business Cycles, vol 1
   MIT Press Books, The MIT Press