Cover; Half-title; Title; Copyright; Contents; Contributors; Foreword; Acknowledgements; Abbreviations; Introduction; Part 1 Macroeconometric evidence on the transmission mechanism in the euro area; Part 2 Firms' investment and monetary policy: evidence from micro economic data; Part 3 The role of...

A formal model of the appointment process -- Estimating monetary policy preferences -- Empirically testing the model's predictions -- Appointments to the European Central Bank -- The origins of the Federal Reserve appointment process -- Conclusions