Central bank psychology

Andrew Haldane

Chapter 18 in Research Handbook on Central Banking, 2018, pp 365-379 from Edward Elgar Publishing

Abstract: There has been a huge amount of research on how human decision-making is affected by cognitive biases. There has also been a huge volume of research on central bank decision-making. Yet the psychology of central bank decision-making has largely been unexplored. The evolution of central bank policy frameworks over recent years can be seen as an attempt to make them robust to psychological biases. This is illustrated using the example of the Bank of England’s post-crisis policy framework.

Keywords: Economics and Finance; Law - Academic (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/view/edcoll/9781784719210/9781784719210.00024.xml (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:16612_18

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().