Iteressi privati e politica monetaria: inflazione e dimissioni del Federal Reserve Board
The nature of and need to understand economic regulation are discussed. The paper presents further evidence on the relationship between monetary policy and the personal costs and benefits of inflation to central bankers. It is found that resignations from the Federal Reserve Board have been connecte...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | Italian |
| Published: |
Associazione Economia civile
2013-10-01
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| Series: | Moneta e Credito |
| Subjects: | |
| Online Access: | https://rosa.uniroma1.it/rosa04/moneta_e_credito/article/view/11016 |
| _version_ | 1828042713164939264 |
|---|---|
| author | J.B. CRIHFIELD J.H. WOOD |
| author_facet | J.B. CRIHFIELD J.H. WOOD |
| author_sort | J.B. CRIHFIELD |
| collection | DOAJ |
| description | The nature of and need to understand economic regulation are discussed. The paper presents further evidence on the relationship between monetary policy and the personal costs and benefits of inflation to central bankers. It is found that resignations from the Federal Reserve Board have been connected to significantly substantial deteriorations in Board salaries in relation to private sector incomes caused by above-average inflation. This is especially true of members whose job backgrounds and ages have allowed easiest access to substantial private incomes.
JEL Codes: E52
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| first_indexed | 2024-04-10T17:33:13Z |
| format | Article |
| id | doaj.art-25af448174dc4ae4b45f052ab8430263 |
| institution | Directory Open Access Journal |
| issn | 2037-3651 |
| language | Italian |
| last_indexed | 2024-04-10T17:33:13Z |
| publishDate | 2013-10-01 |
| publisher | Associazione Economia civile |
| record_format | Article |
| series | Moneta e Credito |
| spelling | doaj.art-25af448174dc4ae4b45f052ab84302632023-02-03T16:41:25ZitaAssociazione Economia civileMoneta e Credito2037-36512013-10-014819210.13133/2037-3651/11016Iteressi privati e politica monetaria: inflazione e dimissioni del Federal Reserve BoardJ.B. CRIHFIELDJ.H. WOODThe nature of and need to understand economic regulation are discussed. The paper presents further evidence on the relationship between monetary policy and the personal costs and benefits of inflation to central bankers. It is found that resignations from the Federal Reserve Board have been connected to significantly substantial deteriorations in Board salaries in relation to private sector incomes caused by above-average inflation. This is especially true of members whose job backgrounds and ages have allowed easiest access to substantial private incomes. JEL Codes: E52 https://rosa.uniroma1.it/rosa04/moneta_e_credito/article/view/11016AnalysisCompensation and benefitsUnited States. Federal Reserve BoardMonetary policyBankers |
| spellingShingle | J.B. CRIHFIELD J.H. WOOD Iteressi privati e politica monetaria: inflazione e dimissioni del Federal Reserve Board Moneta e Credito Analysis Compensation and benefits United States. Federal Reserve Board Monetary policy Bankers |
| title | Iteressi privati e politica monetaria: inflazione e dimissioni del Federal Reserve Board |
| title_full | Iteressi privati e politica monetaria: inflazione e dimissioni del Federal Reserve Board |
| title_fullStr | Iteressi privati e politica monetaria: inflazione e dimissioni del Federal Reserve Board |
| title_full_unstemmed | Iteressi privati e politica monetaria: inflazione e dimissioni del Federal Reserve Board |
| title_short | Iteressi privati e politica monetaria: inflazione e dimissioni del Federal Reserve Board |
| title_sort | iteressi privati e politica monetaria inflazione e dimissioni del federal reserve board |
| topic | Analysis Compensation and benefits United States. Federal Reserve Board Monetary policy Bankers |
| url | https://rosa.uniroma1.it/rosa04/moneta_e_credito/article/view/11016 |
| work_keys_str_mv | AT jbcrihfield iteressiprivatiepoliticamonetariainflazioneedimissionidelfederalreserveboard AT jhwood iteressiprivatiepoliticamonetariainflazioneedimissionidelfederalreserveboard |