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Central Bankers, Bureaucratic Incentives, and Monetary Policy

Bag om Central Bankers, Bureaucratic Incentives, and Monetary Policy

Positive work on the Fed has usually tried to elucidate particular Fed policies, and has not tried to present a theory of why the Fed behaves the way it does. The dominant theory of Fed behavior is that the Fed does what it believes to be best for the public welfare.

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  • Sprog:
  • Engelsk
  • ISBN:
  • 9789401084734
  • Indbinding:
  • Paperback
  • Sideantal:
  • 253
  • Udgivet:
  • 22. September 2011
  • Udgave:
  • 11986
  • Størrelse:
  • 234x156x14 mm.
  • Vægt:
  • 421 g.
  • 8-11 hverdage.
  • 4. Oktober 2024

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Positive work on the Fed has usually tried to elucidate particular Fed policies, and has not tried to present a theory of why the Fed behaves the way it does. The dominant theory of Fed behavior is that the Fed does what it believes to be best for the public welfare.

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