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Monetary Policy Instruments for European Monetary Union [Hardcover]

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Item Number 227766  
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Item description for Monetary Policy Instruments for European Monetary Union by Lukas Menkhoff...

The future European Central Bank needs monetary policy instruments which have yet to be agreed. At present, the range of instruments is very heterogeneous in the potential member states. This book offers a systematic analysis of the issue, considering general theoretical arguments as well as the concrete institutional situation in European countries. Taking the Bundesbank's instruments as the starting point, their rationale is discussed against the background of experience elsewhere. The theoretical and empirical treatment leads to several competing concepts. Taking the three goals of monetary efficiency, fair competition and decentralization establishes a strong case for the use of "standing facilities" and to a lesser extend "reserve requirements", albeit modified and brought up-to-date.

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Item Specifications...

Pages   156
Est. Packaging Dimensions:   Length: 9" Width: 6" Height: 0.5"
Weight:   0.93 lbs.
Binding  Hardcover
Release Date   May 9, 1997
Publisher   Springer
ISBN  3540624546  
ISBN13  9783540624547  

Availability  63 units.
Availability accurate as of Oct 28, 2016 12:16.
Usually ships within one to two business days from La Vergne, TN.
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Product Categories

1Books > Subjects > Business & Investing > Economics > General
2Books > Subjects > Business & Investing > Economics > Economics
3Books > Subjects > Business & Investing > Economics > Money & Monetary Policy
4Books > Subjects > Business & Investing > Economics > Public Finance
5Books > Subjects > Business & Investing > Finance
6Books > Subjects > Business & Investing > General
7Books > Subjects > History > Europe > General
8Books > Subjects > Professional & Technical > Accounting & Finance > Finance > General

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