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Essays on the Political Economy of Monetary Institutions and Policy

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dc.contributor.advisor White, Lawrence H. Salter, Alexander William
dc.creator Salter, Alexander William en_US 2014-09-18T01:53:10Z 2014-09-18T01:53:10Z 2014-05 en_US
dc.description.abstract The microfoundations revolution in macroeconomic theory has almost entirely displaced the hydraulic Keynesianism of old. Nonetheless, monetary policy in mainstream models is still primarily concerned with the appropriate estimation of changes in output and employment following the manipulation of short-term interest rates. There is little consideration of whether policy makers--or the individual agents whose behavior they are attempting to influence--possess the knowledge or incentives necessary to act in the way prescribed by the models. My dissertation addresses these concerns on three separate margins.
dc.format.extent 146 pages en_US
dc.language.iso en en_US
dc.rights Copyright 2014 Alexander William Salter en_US
dc.subject Economics en_US
dc.subject free banking en_US
dc.subject lender of last resort en_US
dc.subject monetary institutions en_US
dc.subject monetary policy en_US
dc.subject NGDP targeting en_US
dc.subject robust political economy en_US
dc.title Essays on the Political Economy of Monetary Institutions and Policy en_US
dc.type Dissertation en Doctoral en Economics en George Mason University en

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