Udvidet returret til d. 31. januar 2025

Bankers, Bureaucrats, and Central Bank Politics - Christopher Adolph - Bog

- The Myth of Neutrality

Bag om Bankers, Bureaucrats, and Central Bank Politics

Economists emphasize the role central banks' independence plays in achieving good economic outcomes. Using game theory and data from dozens of countries, Adolph illustrates that central bankers with different career trajectories choose different monetary policies. Central banks run by former bankers favor low inflation, whereas bureaucrats support low unemployment.

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  • Sprog:
  • Engelsk
  • ISBN:
  • 9781107567092
  • Indbinding:
  • Paperback
  • Sideantal:
  • 390
  • Udgivet:
  • 10. marts 2016
  • Størrelse:
  • 234x159x25 mm.
  • Vægt:
  • 592 g.
  • 8-11 hverdage.
  • 13. december 2024
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Forlænget returret til d. 31. januar 2025

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Beskrivelse af Bankers, Bureaucrats, and Central Bank Politics

Economists emphasize the role central banks' independence plays in achieving good economic outcomes. Using game theory and data from dozens of countries, Adolph illustrates that central bankers with different career trajectories choose different monetary policies. Central banks run by former bankers favor low inflation, whereas bureaucrats support low unemployment.

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