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David Howarth and Peter Loedel provide a theoretically inspired account of the creation, design and operation of the European Central Bank. Issues explored include the theoretical approaches to the ECB, the antecedents of European monetary authority, the different national perspectives on...
Persistent link: https://www.econbiz.de/10012054012
David Howarth and Peter Loedel provide a theoretically inspired account of the creation, design and operation of the European Central Bank. Issues explored include the theoretical approaches to the ECB, the antecedents of European monetary authority, the different national perspectives on...
Persistent link: https://www.econbiz.de/10012054013
This book examines the slow growth and other problems experienced by the Eurozone in its early years, and the … challenges which it now faces. The authors investigate the operation of monetary and fiscal policy in the Eurozone, the extent of …
Persistent link: https://www.econbiz.de/10012054272
This book examines the linkage between central bank structure, central bank autonomy-with respect to setting its monetary policy goals, choosing its policy mechanisms, legal independence, and financial independence-and monetary policy, both in select benchmark countries and at a broader...
Persistent link: https://www.econbiz.de/10012396941
Inflation Differentials in the Euro Area: A Survey -- The ECB’s Monetary Analysis Revisited -- Euro Area Monetary Policy in Uncharted Waters -- The Communication Policy of the European Central Bank: An Overview of the First Decade -- Governance and Monetary Policy Decision-Making at the ECB --...
Persistent link: https://www.econbiz.de/10013522864
Within the New Consensus Macroeconomics, monetary policy is upgraded while fiscal policy is downgraded. This new monetary policy has been the main instrument of policy under the guise of inflation targeting, an approach pursued by a number of central banks worldwide. This book raises problems...
Persistent link: https://www.econbiz.de/10012054254
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
the creation of the Eurozone, fiscal policy has been at the heart of economic (but also political/media) discussions in … the EU. From the Stability and Growth Pact (1997) to the more recent Fiscal Treaty, EU and Eurozone, countries have been … subject to various fiscal rules. The importance of these rules, and of the subsequent procedures that every Eurozone country …
Persistent link: https://www.econbiz.de/10012397042
Introduction -- Part 1: The Structural Dimension -- 1. The Euro-zone Crisis: Between the Global Financial Crisis and …. Fouskas and Constantine Dimoulas -- 6. Assessing the Italian Experience in the Euro-zone; Leila Simona Talani -- 7. The Pros …
Persistent link: https://www.econbiz.de/10012397130
'Enrico Marelli and Marcello Signorelli provide an excellent analysis of the causes of the Eurozone crisis and of the … Economy, London School of Economics, UK 'After Brexit, the future of the European Union and the Eurozone are among the hottest … consequences of the economic decline in the Eurozone. It also proposes specific solutions to overcome the economic and financial …
Persistent link: https://www.econbiz.de/10012397230