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What bird is that? : central banking and monetary policy in the last forty years

Masciandaro, Donato - 2020

The aim of this paper is to review the historical development of monetary policy theory since the 1980s using as focal …

Persistent link: https://www.econbiz.de/10012210748

What should central banks do?

Mishkin, Frederic S. - In: Review / Federal Reserve Bank of St. Louis 82 (2000) 6, pp. 1-13

Persistent link: https://www.econbiz.de/10001538408

The historical performance of the Federal Reserve : the importance of rules

Bordo, Michael D. - 2019

early nineteenth-century debate through postwar developments in monetary theory on the case for stable money and the …

Persistent link: https://www.econbiz.de/10012116887

Fiscal Consequences of Central Bank Losses

Cecchetti, Stephen G.; Hilscher, Jens - National Bureau of Economic Research - 2024

In response to the Global Financial Crisis, central banks engaged in large-scale asset purchases funded by the issuance of reserves. These "unconventional" policies continued during the pandemic, so that by 2022 central banks' balance sheets had grown up to ten-fold. As a result of rapidly...

Persistent link: https://www.econbiz.de/10014544756

Quantifying the Costs and Benefits of Quantitative Easing

Levin, Andrew T.; Lu, Brian L.; Nelson, William R. - National Bureau of Economic Research - 2022

We conduct a systematic analysis of the costs and benefits of large-scale securities purchases, using the Federal Reserve's QE4 program as a concrete example. This program was initiated at the onset of the pandemic in March 2020 and continued for two years, leading to a doubling of the Fed's...

Persistent link: https://www.econbiz.de/10013477241

The US Fed and the Bank of England : ownership, structure, and "independence"

Howells, Peter G. A. - In: International journal of political economy : a journal … 42 (2013) 3, pp. 44-62

Persistent link: https://www.econbiz.de/10010389043

Central bank accountability and transparency : theory and some evidence

Eijffinger, Sylvester C. W.; Hoeberichts, Marco - 2000

System). In the second part, we present a theory of central bank accountability. Two aspects of accountability are considered … Japan, Bank of England und Federal Reserve System). Im zweiten Teil stellen wir eine Theorie über die Rechenschaftspflicht … Geldpolitik und die Frage, wer die endgültige Verantwortung für die Geldpolitik trägt. Das Papier zeigt auf, dass die …

Persistent link: https://www.econbiz.de/10011418852

Monetary policy transparency

Geraats, Petra M. - 2014

There has been a remarkable rise in the transparency of monetary policy during the last two decades. This paper provides an overview of the ways in which central banks have been providing more information about their monetary policymaking. Furthermore, it reviews the theoretical literature on...

Persistent link: https://www.econbiz.de/10010237274

Central banking in theory and practice

Blinder, Alan S. - 1999 - 2. MIT Press paperback ed.

Persistent link: https://www.econbiz.de/10000627871

At the central level

Centre for Educational Research and Innovation - 1973

Persistent link: https://www.econbiz.de/10000098083

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