Central Bank Governance and Oversight Reform

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Central Bank Governance and Oversight Reform by Cochrane, John; Taylor, John B., 9780817919245
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  • ISBN: 9780817919245 | 0817919244
  • Cover: Hardcover
  • Copyright: 5/1/2016

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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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