This dissertation examines the delegation of monetary policy through optimal central banker contracts and the effects of central bank behavior on fiscal policy discipline in a monetary union. First, we examine whether central banker contracts are an optimal form of monetary policy delegation...

This paper comprises the long introduction to the symposium of five papers on financial globalisation published in the Cambridge Journal of Economics, volume 34, no 2. The paper discusses the impact of financial globalisation in a variety of spheres and shows how the five papers link together to...