Deliberating American Monetary Policy is popular PDF and ePub book, written by Cheryl Schonhardt-Bailey in 2013-11, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Deliberating American Monetary Policy can be Read Online from any device for your convenience.
Deliberating American Monetary Policy Book PDF Summary
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 --
Detail Book of Deliberating American Monetary Policy PDF
- Author : Cheryl Schonhardt-Bailey
- Release : 01 November 2013
- Publisher : MIT Press
- ISBN : 9780262019576
- Genre : Business & Economics
- Total Page : 537 pages
- Language : English
- PDF File Size : 18,7 Mb
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