The creation of the euro and the European Central Bank is a remarkable and unprecedented event in economic and … political history: creating a supranational central bank and leaving eleven countries without national currencies of their own …

The US Federal Reserve cut interest rates more vigorously in the recent recession than the European Central Bank did …

The perceptions of a central bank's inflation aversion may reflect institutional structure or, more dynamically, the … for persistent variation in market perceptions of central bank inflation aversion. The first years of the European Central … Bank (ECB) provide a natural experiment for this model. Tests of the effect of news announcements on the slope of yield …

Monetary Union. The EC Committee of Central Bank Governors has recently produced a Draft Statute of the European System of … Central Banks and of the European Central Bank. The draft Statute mandates the maintenance of price stability as the explicit … large-volume wholesale payments system. Instead, the historically prevalent bank-intermediated financial system will have to …

The European Central Bank is unique in setting monetary policy for several sovereign states with heterogeneous debt … on one particular aspect of that nexus, the effect the reliability of the European Central Bank's monetary policy on … Euro Area countries. For comparison we also estimate the fiscal consequences of the Federal Reserve and the Bank of England …

effects of the monetary policies of the US Federal Reserve, the European Central Bank and of the People's Bank of China on the …

that the central bank is signaling by its policy may explain the abnormality. It turns out that many informational …