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
Illicit Markets, Organized Crime, and Global Security
$84.99
Solar Energy Applications to Buildings and Solar Radiation Data
$169.99
Ambiguities in Intensional Contexts
$169.99
The Posterior Intrahepatic Approach in Liver Surgery
$109.99
Electronic Properties of Doped Semiconductors
$119.00
Healthcare Management Engineering: What Does This Fancy Term Really Mean?
$79.99
Der Beitrag von Finanzanalysten zur Informationsverarbeitung
$59.99
Property Testing
$39.99
The Aeneid- (Penguin Classics Deluxe Edition) by Virgil
$19.00
Enterprise Software Sourcing Performance
$54.99
Lessons Learned from the 2020 U.S. Presidential Election
$129.99
Erfolgsfaktor Strategisches Management, Controlling und Personal
$39.99
Crow Call (Hardcover)
$13.49
Internet of Things. A Confluence of Many Disciplines
$39.99
Sepsis
$39.99
Proceedings of International Conference on Computational Intelligence and Data Engineering
$189.00
Globalizing International Relations
$129.00
(No) Sex in Japan
$89.00
Globalisation and Comparative Education
$99.00
Psychoanalytische Therapie
$119.00
Frontiers of Human-Centered Computing, Online Communities and Virtual Environments
$219.99
The Enteric Nervous System
$139.00
Ungleichheit und Mobilitt im sozialen Bewutsein
$69.99
Advances in Engineering Design
$219.99
The Governance of European Public Goods
$109.99
In-Supplier versus Out-Supplier
$64.99
Advances in Natural Multimodal Dialogue Systems
$109.99
Advances in Plant Transgenics: Methods and Applications
$169.99
Leaders in the Sociology of Education
$39.99
Einfhrung in das betriebliche Rechnungswesen
$29.99
Textbook of Rare Sexual Medicine Conditions
$84.99
Kindler Kompakt: Philosophie 18. Jahrhundert
$19.99
Business Taxation and Financial Decisions
$54.99
Neuronale Netze und Subjektivitt
$44.99
Cystoid Macular Edema
$129.99
Chef oder Chefin?
$74.99
Disequilibrium and Self-Organisation
$109.99
Mathematical Analysis
$79.99
New Technologies, Development and Application VII
$249.99
Isotope Effects
$219.99
