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Bankers, Bureaucrats, and Central Bank Politics (Cambridge Studies in Comparative Politics)

Christopher Adolph




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 | #1724549 in eBooks |  2013-01-31 |  2013-06-25 | File type: PDF

|| |"In this pathbreaking book Adolph offers a new approach to the study of central banks and monetary policy. Challenging the conventional assumption that central banks choose optimal policies if given enough autonomy to do so, Adolph argues that central bankers

Most studies of the political economy of money focus on the laws protecting central banks from government interference; this book turns to the overlooked people who actually make monetary policy decisions. Using formal theory and statistical evidence from dozens of central banks across the developed and developing worlds, this book shows that monetary policy agents are not all the same. Molded by specific professional and sectoral backgrounds and driven by career concern...

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