The Changing Face of Central Banking

'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

• 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.