Design of the Eurosystem's Monetary Policy Instruments e-bog
436,85 DKK
(inkl. moms 546,06 DKK)
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. To do so, a theoretical model framework is developed which brings together the monetary policy activities of ...
E-bog
436,85 DKK
Forlag
Physica
Udgivet
8 september 2007
Genrer
1QFE
Sprog
English
Format
pdf
Beskyttelse
LCP
ISBN
9783790819786
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. To do 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.