The Changing Face of Central Banking: Evolutionary Trends since World War IICambridge University Press, 21 Kas 2002 - 347 sayfa 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. |
İçindekiler
| 1 | |
Political Structure Governance and Reputation in Monetary Policy | 26 |
3 Central Bank Personalities and Monetary Policy Performance | 81 |
An Evolutionary Approach | 128 |
5 Contrasting Quantitative and Qualitative Assessments of Central Bank Behavior and the Evolution of Monetary Policies | 193 |
6 Accountability Disclosure and Conflict Resolution | 220 |
Two Sides of the Same Coin? | 265 |
Epilogue | 300 |
Bibliography | 309 |
| 341 | |
Diğer baskılar - Tümünü görüntüle
The Changing Face of Central Banking: Evolutionary Trends since World War II Pierre L. Siklos Sınırlı önizleme - 2002 |
Sık kullanılan terimler ve kelime öbekleri
accountability and disclosure Alan Greenspan Aufricht Australia Bank of Canada Bank of England bank’s bankers Bretton Woods Bundesbank central bank actions central bank autonomy central bank behavior central bank independence Chapter conduct of monetary conflict considerable considered credibility decades Deutsche Bundesbank discussed Equation European Central Bank evidence example exchange rate regime factors Federal Reserve Finland fiscal policy Germany governor impact important inflation forecasts inflation performance inflation persistence inflation rates inflation targeting influence institutional instrument of monetary interest rate changes issues Japan jure lags loss function measure monetary authorities monetary policy decisions Moreover Netherlands nominal interest rates objectives outcomes output gap policy makers policy regimes political pressure price stability reaction function estimates responsibility role sample signal Siklos Spain statutory structure Sweden Switzerland Table term tion twenty countries unemployment United Kingdom variables Yes Yes Yes Zealand