R & D, Education, and Productivity: A Retrospective

R & D, Education, and Productivity: A Retrospective
Автор
 
Год
 
Страниц
 
336
ISBN
 
0674003438
Издатель
 
Cambridge University Press
Категория
 
Макроэкономика

Содержание:

History and Politics, The Treatment of Capitalism by Historians, The Anticapitalist Bias of American Historians, The Treatment of Capitalism by Continental Intellectuals, The Standard of Life of the Workers in England, 1790-1830, The Factory System of the Early Nineteenth Century

Описание:

Congress, the President, and the Federal Reserve is a study of the politics of monetary policy making at the Federal Reserve--widely considered the most important and most powerful federal bureaucracy. Ostensibly, the Federal Reserve is independent of the political branches of government; however, Congress, the President, and the Federal Reserve clearly demonstrates-- from both a theoretical and empirical standpoint--how the preferences of members of Congress and the President impact decisionmaking at the Fed. Current formal theories of the general policy-making process are utilized to construct an explanatory framework that identifies the mechanisms through which congressional and executive influence is exercised. The theoretical framework presented in the text also helps to explain the political dynamics of several of the most significant policy decisions of the Federal Reserve during the last half-century. In addition, this book provides a unique...

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