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

Author: Christopher Adolph
Publisher: New York : Cambridge University Press, 2013.
Series: Cambridge studies in comparative politics.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
"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  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Adolph, Christopher, 1976-
Bankers, bureaucrats, and central bank politics.
New York : Cambridge University Press, 2013
(DLC) 2012027612
(OCoLC)800720605
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Christopher Adolph
ISBN: 9781139616812 1139616811 9781139626118 1139626116 9781139622394 1139622390 9781139506762 1139506765
OCLC Number: 844940155
Awards: Winner of Levine Prize, Research Committee on the Structure and Organization of Government, International Political Science Association 2014
Description: 1 online resource (xxiii, 357 pages) : illustrations.
Contents: 1. Agents, institutions, and the political economy of performance --
3. Central banker careers and inflation in industrial democracies --
4. Careers and monetary policy process --
5. Careers and inflation in developing countries --
6. How central bankers use their independence --
7. Partisan governments, labor unions, and monetary policy --
8. The politics of central banker appointment --
9. The politics of central banker tenure --
10. Conclusion: The Dilemma of Discretion.
Series Title: Cambridge studies in comparative politics.
Responsibility: Christopher Adolph.

Abstract:

Adolph illustrates the policy differences between central banks run by former bankers relative to those run by bureaucrats.  Read more...

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'Adolph has written a timely book for students of monetary policy, central banking, and comparative political economy. The main messages are accessible to a wide audience and have implications not Read more...

 
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