This paper presents the results of the eight' DNB euro survey which was held in March 1999 by NIPO by order of de Nederlandsche Bank. Conclusions with respect to the consumers are, that the support for the euro is stable, that the knowledge about euro and EMU is at an acceptable level, that...

Recent theoretical developments in monetary policy are based on the view that the effectiveness of monetary policy is strongly influenced by the interaction between the behaviour of the monetary policy-makers and the private sector. Optimal monetary policy and the possible desirability of...

This report presents an overview of the theory of regulation in general, with special attention for the regulation of banks. Two theories of government regulation are described. The first, normative, theory uses market failures as the justification of government regulation. The second, positive,...

This study aims at assessing empirically the determinants of changes in risk-weighted bank capital ratios in the 1990s in Germany, France, Italy, the Netherlands, the UK and the US. Both bank-specific characteristics, factors at the banking industry level and the degree of undercapitalization...