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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
1. Introduction -- 2. Theoretical Framework: Identifying Central Banks' Two-Tier Relationship -- 3. The Global Financial Crisis: The Challenge for Central Banks -- 4. US Federal Reserve System and the Global Financial Crisis -- 5. Bank of England and the Global Financial Crisis -- 6. Bank of...
Persistent link: https://www.econbiz.de/10014018462
können, was dürfen Zentralbanken und was nicht? In der Tat ist es nicht immer einfach nachzuvollziehen, wie eine Zentralbank … überhaupt Einfluss auf die Gesamtwirtschaft nehmen kann: Wie steuert eine Zentralbank beispielsweise die Geldmenge? Über welche … Kanäle beeinflusst die Geldpolitik relevante Wirtschaftsgrößen wie die Inflation oder die Konjunkturlage? Warum ist es …
Persistent link: https://www.econbiz.de/10014017761
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
Introduction -- A Pre-history of the Federal Reserve -- Does U.S. History Vindicate Central Banking? - Ben Bernanke, the FDR of Central Bankers -- Fed Policy Errors of the Great Depression -- The Federal Reserve: Reality Trumps Rhetoric -- A Fraudulent Legend: The Myth of the Independent Fed --...
Persistent link: https://www.econbiz.de/10014020865
A narrative history by a Fed insider of how monetary policy is shaped in the US, with special emphasis on the performances of former Chairman Ben Bernanke and current Chairwoman Janet Yellen in facing the prelude, outbreak, and aftermath of the 2008 financial crisis
Persistent link: https://www.econbiz.de/10012397913
Introduction: Financial Stability in East Asia - A Tentative Assessment -- History and Legal Framework of the People's Bank of China -- The Independence of the Bank of Japan in the Light of Statutory Rules and Central Bank Independence Indices -- The Legal Framework for the European System of...
Persistent link: https://www.econbiz.de/10014020157
This book explores the causes and effects of the rise of neoliberalism in Eastern Europe in the aftermath of the collapse of the Soviet Union. It provides a political economy analysis of the role of central banks, and identifies them as a key actor in the production and dissemination of the...
Persistent link: https://www.econbiz.de/10012053882
emerging, which are being embraced by consumers and incumbents. In large parts of the developing world, alternative services …
Persistent link: https://www.econbiz.de/10012396774
Whatever happened to the money supply? This book explains how the analysis of monetary and credit aggregates is undertaken at the Bank of England, the European Central Bank and (as an example of a developing country) the Bank of Tanzania. The book also explores how this analysis relates to these...
Persistent link: https://www.econbiz.de/10012397573