Introduction; Theoretical foundations; Substance and purposes of economic activity; Money and credit; Debts and balance sheets; The creation of bank deposits; The creation of central bank deposits; The instruments of a central bank (monetary policy); The creation of sovereign securities (fiscal...

This textbook provides a comprehensive overview of monetary policy, banking supervision and financial stability in the euro area. The author uses his professional experience in central banking to provide a thorough understanding of European economics and to explore how the monetary and financial...

This textbook provides a comprehensive overview of monetary policy, banking supervision and financial stability in the euro area. The author uses his professional experience in central banking to provide a thorough understanding of European economics and to explore how the monetary and financial...

Welche möglichen Auswirkungen haben die Vorhaben des neuen US-Präsidenten Donald Trump auf die US-Wirtschaft und die Weltwirtschaft? Wie reagiert die US-Zentralbank in geldpolitischer Hinsicht darauf? Welche Entwicklungen erlebte die US-Wirtschaft bis zum Ende der Präsidentschaft von Barack...