Central banking in the modern world

alternative perspectives

Monetarism is dead! Central bankers are all Wicksellians now! They target low inflation rates, with no regard to monetary aggregates whatsoever, by acting upon short-term real rates of interest. This is the New Consensus in monetary economics, or simply the New Keynesian Synthesis. Yet, this ...

Econometric modelling of European money demand

aggregation, cointegration, identification

The introduction of a single European currency constitutes a remarkable instance of internationalization of monetary policy. Whether a concomitant internationalization can be detected also in the econometric foundations of monetary policy is the problem dealt with in this book. Its basic theoretical ingredients comprise a ...

Central banking systems compared

The ECB, the pre-euro Bundesbank, and the Federal Reserve System

Appointing central bankers

the politics of monetary policy in the United States and the European Union

Focusing on how the President and the Senate influence monetary policy by appointing Federal Reserve Board members, this book answers three questions about the appointment process and its effects. First, do politicians influence monetary policy via Federal Reserve appointments? Second, who influences the process--only the ...

Money markets and politics

a study of european financial integration and monetary policy options

The dramatic evolution of financial markets in the 1980s and 1990s, accompanied by increasing institutional integration between nations (most notably in the EU), have fostered a widespread belief that governments - particularly those of small economies - have essentially lost the power to pursue sovereign, independent economic ...

La Banca Centrale Europea

La Banca Centrale Europea è ormai operativa da alcuni anni e intorno ad essa, alla sua struttura istituzionale, alle sue funzioni, agli strumenti di politica monetaria è andato sviluppandosi un articolato dibattito, che ha coinvolto sia giuristi sia economisti. Si tratta di una discussione a ...

Money, banking and financial markets

This text strives to bring money and banking up-to-date by providing complete, integrated coverage of topics that are important to the twenty-first century world of money and banking. While covering the basics in the authors' hallmark, student-oriented manner, this book also uniquely integrates coverage of ...

Currency crises

a theoretical and empirical perspective

This volume asserts that models concerning the outbreak and the propagation of currency crises share many similarities and may therefore be studied together. Theoretical developments in the currency crises literature lead to three distinct types of models. The authors focus on these first, second and ...

Modern theories of money

The nature and role of money in capitalist economics

La Banca Centrale Europea

gli aspetti istituzionali della banca centrale della Comunità Europea

Money and banking

A survey of the role played by money and banking in the global economy. The book is an introduction for new bankers or students of banking, and a refresher for more experienced bankers preparing for coursework. Coverage ranges from interest rates to bank regulation, monetary ...

Marchés, banques et politique monétaire en Europe

La 1re partie analyse l'interaction des intermédiaires financiers et des marchés, de la monnaie et de la finance, dans le cadre de l'intégration financière européenne. La 2e partie étudie la politique monétaire, sur la base de la doctrine de la BCE et de ...

United States Department of the Treasury

current issues and background

España y el euro

How do central banks write?

an evaluation of inflation reports by inflation targeting central banks

Central banking, monetary theory and practice

essays in honour of Charles Goodhart.Volume 1

Celebrating the contribution that Charles Goodhart has made to monetary economics and policy, this compendium of original papers draws together a highly respected group of international academics, central bankers and financial market regulators covering a broad range of issues in modern monetary economics. Topics discussed ...

Monetary orders

ambiguous economics, ubiquitous politics

Capital flows and crises

Monetary history, exchange rates and financial markets

essays in honour of Charles Goodhart.Volume 2

"Monetary History, Exchange Rates and Financial Markets" is a collection of original papers in honour of Charles Goodhart's outstanding contribution to monetary economics and policy. Its contributors - eminent international academics, central bankers and financial market regulators - provide an insight into an extensive set of ...

Gold and the modern world economy

Respected international experts such as Michael Bordo, Larry Sjaastad and Ken Clements are brought together in this comprehensive volume to provide all you need to know about gold and the modern world economy INDICE Gold and the world economy - overview Western Australian mineral commodity outlook ...