Essays on the Political Economy of Monetary Institutions and Policy

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dc.contributor.advisorWhite, Lawrence H.
dc.contributor.authorSalter, Alexander William
dc.creatorSalter, Alexander William
dc.date.accessioned2014-09-18T01:53:10Z
dc.date.available2014-09-18T01:53:10Z
dc.date.issued2014-05
dc.description.abstractThe 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.extent146 pages
dc.identifier.urihttps://hdl.handle.net/1920/8836
dc.language.isoen
dc.rightsCopyright 2014 Alexander William Salter
dc.subjectEconomics
dc.subjectFree banking
dc.subjectLender of last resort
dc.subjectMonetary institutions
dc.subjectMonetary policy
dc.subjectNGDP targeting
dc.subjectRobust political economy
dc.titleEssays on the Political Economy of Monetary Institutions and Policy
dc.typeDissertation
thesis.degree.disciplineEconomics
thesis.degree.grantorGeorge Mason University
thesis.degree.levelDoctoral

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