Bankers, Bureaucrats, and Central Bank Politics: The Myth of Neutrality - Cambridge Studies in Comparative Politics - Christopher Adolph - Books - Cambridge University Press - 9781107567092 - March 10, 2016
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Bankers, Bureaucrats, and Central Bank Politics: The Myth of Neutrality - Cambridge Studies in Comparative Politics

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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.


390 pages, 53 b/w illus.

Media Books     Paperback Book   (Book with soft cover and glued back)
Released March 10, 2016
ISBN13 9781107567092
Publishers Cambridge University Press
Pages 390
Dimensions 234 × 159 × 25 mm   ·   592 g
Language English  

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