Copied Central Bankers, Bureaucratic Incentives, and Monetary Policy
Central Bankers, Bureaucratic Incentives, and Monetary Policy
By now it has become obvious that Federal Reserve actions have an immense impact on the functioning of our economy. As a result, a great deal of research has been done on the Fed and on monetary policy. Much of this work is normative; it tells us what the Fed should do. 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. This theory - usually left implicit - is so simple, and seemingly so obviously correct, that it has received widespread credence without extended discussion or tests. When thinking about govern ment in general many observers doubt that it nearly always acts in the public interest. However, they ascribe this unfortunate state of affairs mainly to political pressures. Since the Fed is relatively removed from such pressures, the public interest theory of government seems more applicable to it.
Price Comparison
| Seller | Contact Seller | List Price | On Sale | Shipping | Best Promo | Final Price | Volume Discount | Financing | Availability | Seller's Page |
|---|---|---|---|---|---|---|---|---|---|---|
|
BEST PRICE 1 Product Purchase
|
|
$129.00 | $129.00 |
|
$129.00 | See Site | In stock | Visit Store |
Reviews
Questions & Answers
Landscapes and Landforms of Namibia
$99.00
Global Sport-for-Development
$39.99
Der Gesetzgeber
$39.99
Ending a Career in the Auto Industry
$39.99
Stolen Girl (Hardcover)
$13.49
Das egoistische GEN
$54.99
Der Kreisel Seine Theorie und seine Anwendungen
$74.99
Lord of Shadows (Dark Artifices Series #2) by Cassandra Clare
$14.99
Collaborative Mathematics and Statistics Research
$109.99
Composition, Geochemistry and Conversion of Oil Shales
$329.99
Molecular Architectonics and Nanoarchitectonics
$129.99
Inside Risk: A Strategy for Sustainable Risk Mitigation
$54.99
Unicornado- Another Phoebe and Her Unicorn Adventure by Dana Simpson
$11.99
Psychonephrologie
$64.99
Welcome Books-Money Matters: Quarters
$4.46
Rationality in the Social Sciences
$119.99
Environmental Education
$39.99
Investigations into Assessment in Mathematics Education
$109.99
Fahrzeugaerodynamik
$29.99
Pyroptosis
$169.00
Best Bilingual Books Grades 2-4
$55.00
Pathology of the Vulva and Vagina
$179.99
Palgrave Advances in the European Reformations
$54.99
Videogames and Postcolonialism
$59.99
Coffee Activism and the Politics of Fair Trade and Ethical Consumption in the Global North
$39.99
Knowledge-Based Intelligent Information and Engineering Systems
$109.99
Contesting Anthropocentric Masculinities Through Veganism
$99.00
CyberBRICS
$159.99
Mathematische Grundlagenforschung Intuitionismus Beweistheorie
$64.99
Waves in Continuous Media
$84.99
Nic Bishop: Snakes
$5.21
Language Learning and Use in English-Medium Higher Education
$44.99
Recent Evolution and Seismicity of the Mediterranean Region
$169.00
On the (Im)Possibility of Business Ethics
$109.99
Differential Forms in Algebraic Topology
$74.95
Distributivity-like Results in the Medieval Traditions of Euclid's Elements
$49.99
Eat Your Peas, Louise!
$4.46
Urologic Principles and Practice
$199.99
Computational Methods in Systems Biology
$84.99
Nonsmooth Modeling and Simulation for Switched Circuits
$169.99
