Cargando…

Deliberating American monetary policy : a textual analysis /

American monetary policy is formulated by the Federal Reserve and overseen by Congress. Both policy making and oversight are deliberative processes, although the effect of this deliberation has been difficult to quantify. In this book, Cheryl Schonhardt-Bailey provides a systematic examination of de...

Descripción completa

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Schonhardt-Bailey, Cheryl, 1961- (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Cambridge, Massachusetts : The MIT Press, [2013]
Temas:
Acceso en línea:Texto completo

MARC

LEADER 00000cam a2200000 i 4500
001 EBOOKCENTRAL_ocn864822097
003 OCoLC
005 20240329122006.0
006 m o d
007 cr cnu|||unuuu
008 131209t20132013mau ob 001 0 eng d
040 |a TEFOD  |b eng  |e rda  |e pn  |c TEFOD  |d YDXCP  |d TEFOD  |d DKDLA  |d IDEBK  |d CCO  |d OCLCO  |d E7B  |d CDX  |d OCLCO  |d OCLCF  |d JSTOR  |d OCLCQ  |d OCLCO  |d TEFOD  |d OCLCQ  |d EBLCP  |d CUS  |d OCLCQ  |d MOR  |d MERUC  |d OCLCQ  |d IOG  |d COCUF  |d CUY  |d LOA  |d K6U  |d ICG  |d ZCU  |d STF  |d OCLCQ  |d INT  |d OCLCQ  |d MITPR  |d U3W  |d DKC  |d AU@  |d OCLCQ  |d OCL  |d OCLCQ  |d OCLCO  |d OCLCQ  |d QGK  |d OCLCO  |d OCLCL  |d OCLCQ 
019 |a 862371280  |a 1259149524 
020 |a 9780262314725  |q (electronic bk.) 
020 |a 026231472X  |q (electronic bk.) 
020 |a 1306091144  |q (electronic bk.) 
020 |a 9781306091145  |q (electronic bk.) 
029 1 |a CHNEW  |b 000720341 
035 |a (OCoLC)864822097  |z (OCoLC)862371280  |z (OCoLC)1259149524 
037 |a 540365  |b MIL 
037 |a 22573/ctt88pjkc  |b JSTOR 
037 |a 3B73B8D5-A0C3-4CA1-B57A-1D98379D223B  |b OverDrive, Inc.  |n http://www.overdrive.com 
037 |a 9697  |b MIT Press 
037 |a 9780262314725  |b MIT Press 
043 |a n-us--- 
050 4 |a HG540  |b .S36 2013 
072 7 |a BUS021000  |2 bisacsh 
072 7 |a BUS045000  |2 bisacsh 
082 0 4 |a 339.5/30973  |2 23 
049 |a UAMI 
100 1 |a Schonhardt-Bailey, Cheryl,  |d 1961-  |e author.  |1 https://id.oclc.org/worldcat/entity/E39PBJvCPj3HBVjTpvvP6bhCQq 
245 1 0 |a Deliberating American monetary policy :  |b a textual analysis /  |c Cheryl Schonhardt-Bailey ; with assistance and advice from Andrew Bailey. 
264 1 |a Cambridge, Massachusetts :  |b The MIT Press,  |c [2013] 
264 4 |c ©2013 
300 |a 1 online resource 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
588 0 |a Print version record. 
504 |a Includes bibliographical references and index. 
505 0 0 |g Introduction:  |t Why deliberation? --  |t Deliberation in theoretical perspective --  |t Deliberation in the FOMC --  |t Congressional committees and monetary policy --  |t In their words : perspectives from the FOMC and congressional banking committees --  |t Does deliberation matter for monetary policy-making? 
520 8 |a American monetary policy is formulated by the Federal Reserve and overseen by Congress. Both policy making and oversight are deliberative processes, although the effect of this deliberation has been difficult to quantify. In this book, Cheryl Schonhardt-Bailey provides a systematic examination of deliberation on monetary policy from 1976 to 2008 by the Federal Reserve's Open Market Committee (FOMC) and House and Senate banking committees. Her innovative account employs automated textual analysis software to study the verbatim transcripts of FOMC meetings and congressional hearings; these empirical data are supplemented and supported by in-depth interviews with participants in these deliberations. The automated textual analysis measures the characteristic words, phrases, and arguments of committee members; the interviews offer a way to gauge the extent to which the empirical findings accord with the participants' personal experiences. Analyzing why and under what conditions deliberation matters for monetary policy, the author identifies several strategies of persuasion used by FOMC members, including Paul Volcker's emphasis on policy credibility and efforts to influence economic expectations. Members of Congress, however, constrained by political considerations, show a relative passivity on the details of monetary policy. 
546 |a English. 
590 |a ProQuest Ebook Central  |b Ebook Central Academic Complete 
650 0 |a Monetary policy  |z United States  |x History. 
651 0 |a United States  |x Economic policy. 
650 6 |a Politique monétaire  |z États-Unis  |x Histoire. 
651 6 |a États-Unis  |x Politique économique. 
650 7 |a BUSINESS & ECONOMICS  |x Econometrics.  |2 bisacsh 
650 7 |a Economic policy  |2 fast 
650 7 |a Monetary policy  |2 fast 
651 7 |a United States  |2 fast  |1 https://id.oclc.org/worldcat/entity/E39PBJtxgQXMWqmjMjjwXRHgrq 
653 |a ECONOMICS/Macroeconomics 
653 |a ECONOMICS/Political Economy 
655 7 |a History  |2 fast 
776 0 8 |i Print version:  |a Schonhardt-Bailey, Cheryl, 1961-  |t Deliberating American monetary policy  |z 9780262019576  |w (DLC) 2013005452  |w (OCoLC)828193764 
856 4 0 |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=3339701  |z Texto completo 
938 |a Coutts Information Services  |b COUT  |n 26588466 
938 |a EBL - Ebook Library  |b EBLB  |n EBL3339701 
938 |a ebrary  |b EBRY  |n ebr10791808 
938 |a ProQuest MyiLibrary Digital eBook Collection  |b IDEB  |n cis26588466 
938 |a YBP Library Services  |b YANK  |n 11333892 
994 |a 92  |b IZTAP