Showing 1 - 10 of 201
This book analyses the controversial and critical issue of 2% inflation targeting, currently practised by central banks in the US, Japan and Europe. Where did the 2% target inflation originate, and for what reason? Do these reasons stand up to scrutiny? This book explores these key questions,...
Persistent link: https://www.econbiz.de/10012396858
Since the financial crisis of 2008/09, the world’s major central banks have been struggling to return their economies to higher growth and to reach their inflation targets. This concise book analyzes the importance of central bank policies for the economy, and specifically investigates the...
Persistent link: https://www.econbiz.de/10012397080
This book explores the issue of private sector over-indebtedness following the recent financial crisis. It addresses the various challenges for policymakers, investors and economic agents affected by applied remedial policies as the private non-financial sector in Europe continues to face...
Persistent link: https://www.econbiz.de/10012397188
determining inverse transmission of global liquidity, as well as the effects of capital flows, lending-rate margins, financial …Chapter 1) Introduction -- Chapter 2)The inverse transmission of positive global liquidity shocks into the South …
Persistent link: https://www.econbiz.de/10012397829
global liquidity and capital flows. It elaborates on the need to ensure financial and overall economic stability in the … Risk: Global Liquidity, Capital Flows, and Macroprudential Policy-An Asian Perspective" also explores the range of policy … options that may be deployed to address the impact of global liquidity on domestic financial and socio-economic conditions …
Persistent link: https://www.econbiz.de/10012403350
whether liquidity conditions play an important role in stock market developments. As an innovation, liquidity conditions enter … flows, which represent the share of global liquidity that arrives in the respective country. A second aim is to understand …
Persistent link: https://www.econbiz.de/10014015328
Holger Markmann studies covered bonds and their market behaviour upon the announcement and implementation of outright covered bond purchases by the eurosystem. After introducing the covered bond market, its reaction to the global financial crisis, and the functionality of unconventional monetary...
Persistent link: https://www.econbiz.de/10012396220
liquidity and solvency of fractional-reserve banks, and liberalism of Austrian economics. The second part analyzes the measures …
Persistent link: https://www.econbiz.de/10012396821
The extensive monetary policy of central banks during the Great Recession has re-newed the interest in the relation between (possibly) non-neutral money and wealth and income inequality. In this work, a dynamic general equilibrium model approach is used to study the effects of an inflation rate...
Persistent link: https://www.econbiz.de/10012396988
Issues related to central banks feature regularly in economic news coverage, and in times of economic or financial crisis, especially when a commercial bank is bailed out, they become the focus of the policy debate. But what role do central banks play in a modern economy? How do central banks...
Persistent link: https://www.econbiz.de/10012397081