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Recurrent instability has characterized the global financial system since the 1980s, eventually leading to the current global financial crisis. This instability and the resultant disruptions - sovereign debt defaults, exchange rate misalignments, financial market illiquidity and asset price...
Persistent link: https://www.econbiz.de/10011850688
The number of central banks in the world is approaching 180, a tenfold increase since the beginning of the twentieth … such a key role in economic life today? This book examines from a transatlantic perspective how the central bank has become … the bank of banks. Thirteen distinguished economists and central bankers have been brought together to evaluate how …
Persistent link: https://www.econbiz.de/10011851386
regulators covering a broad range of issues in modern monetary economics. Topics discussed include: central bank independence …1. No money, no inflation : the role of money in the economy -- 2. Central bank independence -- 3. The use and meaning … loss function -- 5. Six practical views of central bank transparency -- 6. The phases of US monetary policy : 1987 …
Persistent link: https://www.econbiz.de/10011851645
place without an institution--i.e. the central bank - that could preserve confidence in the instruments used as money …
Persistent link: https://www.econbiz.de/10011852081
banking more generally. Chapter authors explore emerging fields of central bank's actions, discussing, for instance, how …
Persistent link: https://www.econbiz.de/10013400370
Part of The Elgar Series on Central Banking and Monetary Policy, this book explores the relationship between central banking, monetary policy and the economy at large, focusing on the specific relationship between central banking, monetary policy and the future of money. The book explores the...
Persistent link: https://www.econbiz.de/10013400374
"Part of The Elgar Series on Central Banking and Monetary Policy, this book explores the relationship between central banking, monetary policy and the economy at large. It focuses on the specific relationship between central banking, monetary policy and social responsibility as central banks...
Persistent link: https://www.econbiz.de/10013400376
analysis of monetary and exchange rate issues in the modern world. Monetary and Exchange Rate Systems will be extremely useful …
Persistent link: https://www.econbiz.de/10014474013
Monetarism is dead! Central bankers are all Wicksellians now! They target low inflation rates, with no regard to monetary aggregates whatsoever, by acting upon short-term real rates of interest. This is the New Consensus in monetary economics, or simply the New Keynesian Synthesis. Yet, this...
Persistent link: https://www.econbiz.de/10014474017
The handbook on the history of European banks combines a comprehensive overview with extensive and detailed empirical analysis on the development of European banking and the subsequent impact of banks on national economies
Persistent link: https://www.econbiz.de/10011850937