A Comparative History of Central Bank Behavior: Consistency in Monetary Policy in the US and UK - Image 1

£116.00

Edward Elgar Publishing A Comparative History of Central Bank Behavior: Consistency in Monetary Policy in the US and UK

Name: A Comparative History of Central Bank Behavior: Consistency in Monetary Policy in the US and UK
Brand: Edward Elgar Publishing
Price: 116.0 GBP
Availability: InStock

Business & Economic History

Price History & Forecast

Last 27 days • 27 data points (No recent data available)

Historical

Generating forecast...

Price Distribution

Price distribution over 27 days • 1 price levels

Days at Price

Price Analysis

Most common price: £116 (27 days, 100.0%)

Price range: £116 - £116

Price levels: 1 different prices over 27 days

Description

It is widely believed that central banks have grown (the Bank of England) or were established (the Federal Reserve) to pursue the twin objectives of monetary and price stability. But why should they? Central bankers are people, too, whose behavior is presumably determined, like the rest of us, by their incentives and the information available to them. The author explores this question. Two sets of data confirm the reservations. Central banks have often worsened, even initiated, monetary instabilities by bailing out the risk-takers and their effects on prices, which depending on the quantities of money created by central banks, have often been catastrophic. The evidence suggests that central bankers have really been in business to support the politically powerful upon whose favors they depend, particularly high-spending governments and needy financial institutions. The book consists of several examples of this behavior and its consistency during wars and financial crises in the UK and US over the course of the last two centuries. Professors and students of finance will find A Comparative History of Central Bank Behavior to be a compelling and thoughtful exploration of how central banks have historically responded to and influenced financial markets.

Product Specifications

Brand: Edward Elgar Publishing
Format: hardcover
ASIN: 1803926597
Category: Books > Subjects > Business, Finance & Law > Biographies & Histories > Business & Economic History
Domain: Amazon UK
Release Date: 15 November 2022
Listed Since: 29 April 2022

Barcode

No barcode data available

Edward Elgar Publishing A Comparative History of Central Bank Behavior: Consistency in Monetary Policy in the US and UK

Price History & Forecast

Price Distribution

Price Analysis

Description

Product Specifications

Barcode

Similar Products You Might Like

Central Banking, Monetary Policy and Income Distribution (The Elgar Series on Central Banking and Monetary Policy)

Edward Elgar - The Political Economy of Central Banking

Monetary Policy and Central Banking: New Directions in Post-Keynesian Theory

Challenges in Central Banking: The Current Institutional Environment And Forces Affecting Monetary Policy

Central Banks at a Crossroads: What Can We Learn from History? (Studies in Macroeconomic History)

Central Banking, Monetary Policy and Social Responsibility (The Elgar Series on Central Banking and Monetary Policy)

Research Handbook on Central Banking (Research Handbooks in Financial Law series)

Cambridge University Press - Central Banks at a Crossroads

Central Banking, Monetary Policy and the Future of Money (The Elgar Series on Central Banking and Monetary Policy)

Edward Elgar Universal Banking in the Twentieth Century Book

The Future of Central Banking (The Elgar Series on Central Banking and Monetary Policy)

Routledge Central Banking in a Democracy - Fed History Book

Reconsidering Central Bank Independence

The Oxford Handbook of the Economics of Central Banking (Oxford Handbooks)

Central Banking: Theory and Practice in Sustaining Monetary and Financial Stability (Wiley Finance)

Central Banking in the Modern World: Alternative Perspectives

The Age of Central Banks

Modern Monetary Policy and Central Bank Governance: 291 (The International Library of Critical Writings in Economics series)

Central Bank Reserve Management: New Trends, from Liquidity to Return

(Mis)managing Macroprudential Expectations: How Central Banks Govern Financial and Climate Tail Risks

Recent Developments in Monetary Policy (The International Library of Critical Writings in Economics series)

Central Banking: Economic Considerations & Policy Goals (Economic Issues, Problems & Perspectives Series)

Routledge - The Political Economy of U.S. Monetary Policy

Bankers, Bureaucrats, and Central Bank Politics: The Myth of Neutrality (Cambridge Studies in Comparative Politics)