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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 … überhaupt von Vorteil, eine unabhängige Zentralbank zu haben? Welches sind die Vor- und Nachteile einer Gemeinschaftswährung …
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
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
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
"Euromantik" einer weit verbreiteten Ernüchterung gewichen ist. Er kritisiert die Politik der Europäischen Zentralbank, den Marsch …
Persistent link: https://www.econbiz.de/10014019669
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
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
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 structural reform and the reasons for it, and other topics
Persistent link: https://www.econbiz.de/10012054272
Christoph Michael Hindermann uses a statistical approach to analyze the impact of economic freedom on state legitimacy …. Based on multiple regression models, the author not only extracts the determinants of legitimacy but also shows that rule of … law is the most important area of economic freedom for legitimacy. In addition, the results also indicate that democracies …
Persistent link: https://www.econbiz.de/10012396801