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Bankers, Bureaucrats, and Central Bank Politics: The Myth of Neutrality
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Bibliographic Detail
Publisher Cambridge Univ Pr
Publication date April 15, 2013
Pages 357
Binding Hardcover
Book category Adult Non-Fiction
ISBN-13 9781107032613
ISBN-10 110703261X
Dimensions 1 by 6.25 by 9.50 in.
Weight 1.50 lbs.
Original list price $109.99
Other format details university press
Amazon.com says people who bought this book also bought:
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Summaries and Reviews
Amazon.com description: Product Description: 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 and developing worlds, this book shows that monetary policy agents are not all the same. Molded by specific professional and sectoral backgrounds and driven by career concerns, central bankers with different career trajectories choose predictably different monetary policies. These differences undermine the widespread belief that central bank independence is a neutral solution for macroeconomic management. Instead, through careful selection and retention of central bankers, partisan governments can and do influence monetary policy - preserving a political trade-off between inflation and real economic performance even in an age of legally independent central banks.

Editions
Hardcover
Book cover for 9781107032613
 
The price comparison is for this edition
from Cambridge Univ Pr (April 15, 2013)
9781107032613 | details & prices | 357 pages | 6.25 × 9.50 × 1.00 in. | 1.50 lbs | List price $109.99
About: 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.
Paperback
Book cover for 9781107567092
 
from Cambridge Univ Pr (February 19, 2016)
9781107567092 | details & prices | 390 pages | 6.00 × 9.00 × 1.00 in. | 1.20 lbs | List price $34.99
About: 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.

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