Title
Monetary Policy or Monetary Politics?: Assessing the impact of electoral cycles on central banks' decisions in advanced and deve,Used
Delivery time: 8-12 business days (International)
Over the last 3 decades central banks independence has been one of the core issues discussed by policy and academic circles, which especially intensified amid the current sovereign debt crisis. In order to minimize the inflation bias and improve the monetary policy efficiency, the central banks from all over the world were granted with more political, operational and financial independence. However, was this process correlated with the increase in de facto independence? Moreover, is there any difference in this regard between developed and developing countries? Finally, what are the implications on the monetary policy performance in countries where the central banks are still found to be politically sensitive? This book provides answers to these important questions by use of robust empirical quantitative and qualitative analytical methods. We find strong evidence about election induced monetary policies in a group of countries which, also, incur significant welfare costs. Hence, the book underlines the importance of central banks' reputation, their insulation from political sphere and of an adequate legislative design to ensure the full independence of monetary authorities.
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For more information, please visit www.P65Warnings.ca.gov.
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Shipping & Returns
Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
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Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.
We accept payments with :
Visa, MasterCard, American Express, Paypal, Shopify Payments, Shop Pay and more.