Bankers, bureaucrats, and central bank politics the myth of neutrality

Most studies of the political economy of money focus on the laws protecting central banks from government interference; this book turns to the overlooked people who actually make monetary policy decisions. Using formal theory and statistical evidence from dozens of central banks across the developed...

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Bibliographic Details
Main Author: Adolph, Christopher
Format: eBook
Language:English
Published: Cambridge Cambridge University Press 2013
Series:Cambridge studies in comparative politics
Subjects:
Online Access:
Collection: Cambridge Books Online - Collection details see MPG.ReNa
Table of Contents:
  • Agents, institutions, and the political economy of performance
  • Career theories of monetary policy
  • Central banker careers and inflation in industrial democracies
  • Careers and the monetary policy process: three mechanism tests
  • Careers and inflation in developing countries
  • How central bankers use their independence
  • Partisan governments, labor unions and monetary policy
  • The politics of central banker appointment
  • The politics of central banker tenure
  • Conclusion: the dilemma of discretion