LEADER 03328nam 2200637 a 450 001 9910451985003321 005 20210528032726.0 010 $a1-281-74093-4 010 $a9786611740931 010 $a0-300-12750-2 024 7 $a10.12987/9780300127508 035 $a(CKB)1000000000471852 035 $a(StDuBDS)BDZ0022168078 035 $a(SSID)ssj0000231749 035 $a(PQKBManifestationID)11190506 035 $a(PQKBTitleCode)TC0000231749 035 $a(PQKBWorkID)10207434 035 $a(PQKB)11410363 035 $a(StDuBDS)EDZ0000157713 035 $a(MiAaPQ)EBC3420034 035 $a(DE-B1597)484918 035 $a(OCoLC)1013956720 035 $a(DE-B1597)9780300127508 035 $a(Au-PeEL)EBL3420034 035 $a(CaPaEBR)ebr10170060 035 $a(CaONFJC)MIL174093 035 $a(OCoLC)923590043 035 $a(EXLCZ)991000000000471852 100 $a20030828d2004 uy 0 101 0 $aeng 135 $aur||||||||||| 181 $ctxt 182 $cc 183 $acr 200 14$aThe quiet revolution$b[electronic resource] $ecentral banking goes modern /$fAlan S. Blinder ; foreword by Robert J. Shiller 210 $aNew Haven $cYale University Press$d2004 215 $a1 online resource (1 online resource (xviii, 119 p.) )$cill 225 1 $aArthur M. Okun memorial lecture series 300 $aBibliographic Level Mode of Issuance: Monograph 311 0 $a0-300-10087-6 320 $aIncludes bibliographical references (p. [109]-114) and index. 327 $tFront matter --$tContents --$tIllustrations --$tForeword --$tAcknowledgments --$tIntroduction --$tChapter 1. Through the Looking Glass: Central Bank Transparency --$tChapter 2. Ex Uno Plures: Central Banking by Committee --$tChapter 3. Following the Leader: The Central Bank and the Markets --$tConclusion: Thoroughly Modern Central Banking --$tNotes --$tBibliography --$tIndex 330 $aAlthough little noticed, the face of central banking has changed significantly over the past ten to fifteen years, says the author of this enlightening book. Alan S. Blinder, a former vice chairman of the Federal Reserve System and member of President Clinton's Council of Economic Advisers, shows that the changes, though quiet, have been sufficiently profound to constitute a revolution in central banking. Blinder considers three of the most significant aspects of the revolution. The first is the shift toward transparency: whereas central bankers once believed in secrecy and even mystery, greater openness is now considered a virtue. The second is the transition from monetary policy decisions made by single individuals to decisions made by committees. The third change is a profoundly different attitude toward the markets, from that of stern schoolmarm to one of listener. With keenness and balance, the author examines the origins of these changes and their pros and cons. 410 0$aArthur M. Okun memorial lectures. 606 $aBanks and banking, Central 608 $aElectronic books. 615 0$aBanks and banking, Central. 676 $a332.1/1 700 $aBlinder$b Alan S$0119789 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910451985003321 996 $aThe quiet revolution$92471338 997 $aUNINA