A formal model of the appointment process -- Estimating monetary policy preferences -- Empirically testing the model's predictions -- Appointments to the European Central Bank -- The origins of the Federal Reserve appointment process -- Conclusions
Summary
This book attempts to answer three questions. Do politicians influence monetary policy via Fed appointments? Who influences the process - the President alone or both the President and the Senate? What explains the structure of the Fed appointment process?
Notes
Based on the author's thesis (doctoral)--Stanford University
Bibliography
Includes bibliographical references (pages 147-156) and index