A Comparative History of Central Bank Behavior

John H. Wood

in Books from Edward Elgar Publishing

Abstract: It is widely believed that central banks have grown (the Bank of England) or were established (the Federal Reserve) to pursue the twin objectives of monetary and price stability. But why should they? Central bankers are people, too, whose behavior is presumably determined, like the rest of us, by their incentives and the information available to them. The author explores this question.

Keywords: Business and Management; Economics and Finance (search for similar items in EconPapers)
Date: 2022
ISBN: 9781803926599
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Chapters in this book:

Ch 1 Governments and their banks , pp 1-9

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Ch 2 Aristocratic government and the Bank of England during the Age of Reform , pp 10-44

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Ch 3 The commercial crisis of 1847 , pp 45-63

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Ch 4 The Bank of England and the Great Depression , pp 64-102

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Ch 5 The Bank of England after the Great Depression , pp 103-133

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Ch 6 American monetary policy in the nineteenth century , pp 134-158

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Ch 7 The Federal Reserve and the Great Depression , pp 159-191

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Ch 8 The Great Recession , pp 192-223

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Ch 9 The politics of famine , pp 224-239

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Ch 10 Endless wars , pp 240-263

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Ch 11 Summary: government and the public , pp 264-274

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