The political and institutional independence of U.S. monetary policy

The work deals with the institutional arrangements underlying the decision-making process for U.S. monetary policy. The primary focus of analysis is on the central bank’s political and institutional independence and accountability for monetary policy. Specifically, the authors review details of the...

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Dades bibliogràfiques
Autors principals: M.A. AKHTAR, H. HOWE
Format: Article
Idioma:English
Publicat: Associazione Economia civile 2013-10-01
Col·lecció:PSL Quarterly Review
Matèries:
Accés en línia:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10645
Descripció
Sumari:The work deals with the institutional arrangements underlying the decision-making process for U.S. monetary policy. The primary focus of analysis is on the central bank’s political and institutional independence and accountability for monetary policy. Specifically, the authors review details of the institutional framework and recent Congressional attempts to change that framework. The overall aim is to provide perspective on the autonomy of U.S. monetary policy by considering, among other things, recent political challenges to the structure of the Federal Reserve.   JEL: E58
ISSN:2037-3635
2037-3643