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CENTRAL BANKS AS ECONOMIC INSTITUTIONS


TOUFFUT J.-P.

wydawnictwo: EDWARD ELGAR , rok wydania 2008, wydanie I

cena netto: 180.00 Twoja cena  171,00 zł + 5% vat - dodaj do koszyka

"This book examines from a transatlantic perspective how the central bank has become the bank of banks. Thirteen distinguished economists and central bankers have been brought together to evaluate how central banks work, arrive at their policies, choose their instruments and gauge their success in managing economies, both in times of crisis and periods of growth." This book provides a better understanding of the current financial crisis through the in-depth study of the central bank. Researchers in the fields of monetary theory, monetary policy and central banking will find this volume of great interest. It will also appeal to students of economics, political economy, banking and finance, as well as economists, academics, and public policy advisers and analysts.


Table of Contents

 

List of figures and tables

About the series Robert M. Solow Solow, Robert M.

Introduction Jean-Philippe Touffut Touffut, Jean-Philippe

1 Monetary beliefs and the power of central banks Andre Orlean Orlean, Andre 7

2 Monetary policy in Germany since 1948: national tradition, international best practice or ideology? Carl-Ludwig Holtfrerich Holtfrerich, Carl-Ludwig 22

3 What objectives for monetary policy? Benjamin M. Friedman Friedman, Benjamin M. 52

4 Financial stability and monetary policy: a framework Gerhard Illing Illing, Gerhard 68

5 Coordinating expectations in monetary policy Stephen Morris Morris, Stephen Hyun Song Shin Shin, Hyun Song 88

6 Central bank transparency: where, why and with what effects? Nazire Nergiz Dincer Dincer, Nazire Nergiz Barry Eichengreen Eichengreen, Barry 105

7 Global imbalances: origins, consequences and possible resolutions Takatoshi Ito Ito, Takatoshi 142

8 Global imbalances: a contemporary 'Rashomon' saga Nouriel Roubini Roubini, Nouriel 162

9 Round table discussion: monetary policy in the new international environment Patrick Artus Artus, Patrick Alan S. Blinder Blinder, Alan S. Willem Buiter Buiter, Willem Otmar Issing Issing, Otmar Rohert M. Solow Solow, Rohert M. 177

Index 207


256 pages, Paperback

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