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Competence implies credibility

Article Abstract:

The positive correlational role of transparency and credibility into a central bank's competence is discussed, as it provides a basis for comprehensible communication with the private sector. The central bank's established reputation of competence also results into a transparent and credible monetary policy.

Author: Moscarini, Giuseppe
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2007
Central banks, Monetary policy, Public relations, Company public relations

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Inherited control and firm performance

Article Abstract:

Chief executive officer successions are analyzed to determine if kin-related successions are less effective than unrelated ones. Using this data, nepotism is shown to have undesirable effects on corporate settings compared with non-relative successions.

Author: Perez-Gonzalez, Francisco
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2006
Evaluation, Economic aspects, Chief executive officers, Chief executive officer successions, Nepotism

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The motivation and bias of bureaucrats

Article Abstract:

Differences in the approaches in providing civil service are explained. Implementation of the objectives of a 'principal' specifically grounded on motivational biases influences bureaucratic efficiency.

Author: Prendergast, Canice
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2007
Psychological aspects, Civil service, Motivation (Psychology), Public employees, Civil servants

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Subjects list: Social aspects, United States
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