The Design of the Eurosystem´s Monetary Policy Instruments
Ulrike Neyer
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Description for The Design of the Eurosystem´s Monetary Policy Instruments
Hardback. The creation of a single monetary currency and a single monetary policy in the euro area has faced extraordinary challenges, among them the design of suitable monetary policy instruments. This book evaluates monetary policy instruments of the Eurosystem against a number of requirements. Series: Contributions to Economics. Num Pages: 179 pages, 2 black & white tables, biography. BIC Classification: KCBM. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly. Dimension: 235 x 155 x 13. Weight in Grams: 408.
The creation of a single monetary currency and a single monetary policy in the euro area has faced extraordinary challenges, among them the design of suitable monetary policy instruments. This book evaluates monetary policy instruments of the Eurosystem against a number of requirements. For doing so, a theoretical model framework is developed which brings together the monetary policy activities of a central bank and the liquidity management of banks considering the main characteristics and institutional features of the euro area. Main results of this analysis are that different costs of obtaining liquidity directly from the central bank can explain the ... Read more
The creation of a single monetary currency and a single monetary policy in the euro area has faced extraordinary challenges, among them the design of suitable monetary policy instruments. This book evaluates monetary policy instruments of the Eurosystem against a number of requirements. For doing so, a theoretical model framework is developed which brings together the monetary policy activities of a central bank and the liquidity management of banks considering the main characteristics and institutional features of the euro area. Main results of this analysis are that different costs of obtaining liquidity directly from the central bank can explain the ... Read more
Product Details
Format
Hardback
Publication date
2007
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
179
Condition
New
Series
Contributions to Economics
Number of Pages
179
Place of Publication
Heidelberg, Germany
ISBN
9783790819779
SKU
V9783790819779
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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