Central Bank Governance and Oversight Reform

Central Bank Governance and Oversight Reform
ISBN-10
0817919260
ISBN-13
9780817919269
Category
Business & Economics
Pages
344
Language
English
Published
2016-05-01
Publisher
Hoover Press
Authors
John Taylor, John Cochrane

Description

A central bank needs authority and a sphere of independent action. But a central bank cannot become an unelected czar with sweeping, unaccountable discretionary power. How can we balance the central bank's authority and independence with needed accountability and constraints? Drawn from a 2015 Hoover Institution conference, this book features distinguished scholars and policy makers' discussing this and other key questions about the Fed.

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