The Changing Face of Central Banking

Evolutionary Trends since World War II

AvPierre L. Siklos,Michael D. Bordo

Häftad, Engelska, 2006

Del i serien Studies in Macroeconomic History

694 kr

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Beskrivning

Central banks have emerged as the key players in national and international policy making. This book explores their evolution since World War II in 20 industrial countries. The study considers the mix of economic, political and institutional forces that have affected central bank behaviour and its relationship with government. The analysis reconciles vastly different views about the role of central banks in the making of economic policies. One finding is that monetary policy is an evolutionary process.

Produktinformation

Utgivningsdatum:2006-12-14
Mått:152 x 228 x 21 mm
Vikt:557 g
Format:Häftad
Språk:Engelska
Serie:Studies in Macroeconomic History
Antal sidor:372
Förlag:Cambridge University Press
ISBN:9780521034494

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Recensioner i media

'This book is suitable as a part of an advanced undergraduate option on monetary economics or a semester-long course on economic policy. The author's very helpful website contains data and further readings to guide more interested readers. The lack of any great technical hurdles means that the book can be read quite easily by non-specialists and therefore should also appeal to the many commentators in Whitehall, the City and the media who will want to understand some of the issues being the continuing and growing prominence of the central bank.' Economica

Innehållsförteckning

List of figures; List of tables; Preface; 1. The institutional make-up and evolution of central bank-government relations: an introduction; 2. Legislation alone does not a central bank make: political structure, governance and reputation in monetary policy; 3. Central bank personalities and monetary policy performance; 4. Econometric analysis of central bank behavior: an evolutionary approach; 5. Contrasting quantitative and qualitative assessments of central bank behavior and the evolution of monetary policies; 6. Accountability, disclosure and conflict resolution; 7. Inflation targets versus other inflation control measures: two sides of the same coin?; 8. The changing face of central banking: epilogue; Bibliography; Index.