Central Bank Independence, Targets, and Credibility
By:Francesco Lippi
Published on 1999-01-27 by Edward Elgar Publishing
This book integrates new political and economic elements into the analysis of monetary policy credibility and central bank independence. The author considers imperfect monetary control, rational voters, distributional issues and uncertainty about future policy objectives in his welfare analysis of central banking. The role played by the different institutional elements that contribute to the making of an independent central bank is also assessed. A distinction is made between central bank independence and targets offering new insights into how a more inflation averse monetary policy may actually be achieved. Finally, explanations for the variation of central bank independence and conservatism across different countries are provided. This book will appeal to researchers, academics and policy makers in the fields of monetary policy, financial economics, money and banking and political economy.
This Book was ranked at 29 by Google Books for keyword independence.
Book ID of Central Bank Independence, Targets, and Credibility's Books is tzNR5gy0504C, Book which was written byFrancesco Lippihave ETAG "rYF4w96GjiQ"
Book which was published by Edward Elgar Publishing since 1999-01-27 have ISBNs, ISBN 13 Code is 9781782542971 and ISBN 10 Code is 1782542973
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Book which have "162 Pages" is Printed at BOOK under CategoryBusiness and Economics
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