Appointing Central Bankers: The Politics of Monetary Policy in the United States and the European Monetary Union

Appointing Central Bankers: The Politics of Monetary Policy in the United States and the European Monetary Union

by Kelly H. Chang
     
 

Focusing on how the President and the Senate influence monetary policy by appointing Federal Reserve Board members, this book answers three questions about the appointment process and its effects. First, do politicians influence monetary policy via Federal Reserve appointments? Second, who influences the process—only the President or the President and the

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Overview

Focusing on how the President and the Senate influence monetary policy by appointing Federal Reserve Board members, this book answers three questions about the appointment process and its effects. First, do politicians influence monetary policy via Federal Reserve appointments? Second, who influences the process—only the President or the President and the Senate? Third, how is the structure of the Federal Reserve appointment process explained? The study extends the analysis of the Federal Reserve Board to the European Central bank.

Editorial Reviews

From the Publisher
"Appointing Central Bankers makes an important contribution to our understanding of appointment power dynamics and impact on monetary policy in the United States and the European Central Bank. It is a "must read" for students of these institutions and should become an important methodological reference for students of other central banks and other types of regulatory agencies."
Irwin L. Morris, Perspectives on Politics

Product Details

ISBN-13:
9780521029841
Publisher:
Cambridge University Press
Publication date:
11/02/2006
Series:
Political Economy of Institutions and Decisions Series
Pages:
176
Product dimensions:
5.98(w) x 8.98(h) x 0.39(d)

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