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Central Bank Governance and Oversight Reform

From Hoover Institution Press




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 | #1926100 in Books |  2016-05-01 | Original language:English | PDF # 1 |  8.50 x1.10 x5.50l,.0 | File type: PDF | 344 pages

||About the Author|
John H. Cochrane is a senior fellow at the Hoover Institution. He is also a research associate of the National Bureau of Economic Research and an adjunct scholar of the CATO Institute. John B. Taylor is the George P. Shultz Se

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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