Synopsis
Provides both a simple theory of monetary policy implementation and a comprehensive overview of practice and academic views
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About the Author
Ulrich Bindseil is Deputy Head of the Risk Management Division at the European Central Bank (ECB). Previously, he worked at the Deutsche Bundesbank and at the European Monetary Institute. From 2000 to 2004, he was Head of the ECB's Liquidity Management Section.
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Monetary Policy Implementation: Theory, Past, and Present
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Oxford University Press, 2004
ISBN 10: 0199274541
ISBN 13: 9780199274543
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Condition: Good. This is an ex-library book and may have the usual library/used-book markings inside.This book has hardback covers. In good all round condition. No dust jacket. Library sticker on front cover. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,650grams, ISBN:0199274541. Seller Inventory # 3709096
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Monetary Policy Implementation : Theory, Past, And Present
Published by
Oxford University Press, 2005
ISBN 10: 0199274541
ISBN 13: 9780199274543
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Monetary Policy Implementation : Theory, Past, And Present
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Monetary Policy Implementation : Theory, Past, And Present
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Monetary Policy Implementation : Theory, Past, And Present
Published by
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ISBN 10: 0199274541
ISBN 13: 9780199274543
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Seller: GreatBookPricesUK, Woodford Green, United Kingdom
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Monetary Policy Implementation
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Monetary Policy Implementation
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Monetary Policy Implementation: Theory, Past, and Present
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Monetary Policy Implementation: Theory, past, and present (eng)
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Monetary Policy Implementation
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Oxford University Press, GB, 2004
ISBN 10: 0199274541
ISBN 13: 9780199274543
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Seller: Rarewaves.com USA, London, LONDO, United Kingdom
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Hardback. Condition: New. The first of its kind, this book is entirely dedicated to the implementation of monetary policy. Monetary policy implementation has gone through tremendous changes over the last twenty years, which have witnessed the quiet end of 'reserve position doctrine' and the return of an explicit focus on short-term interest rates. Enthusiastically supported by Keynes and later by the monetarist school, reserve position doctrine was developed mainly by US central bankers and academics during the early 1920s, and at least in the US became the unchallenged dogma of monetary policy implementation for sixty years. The return of interest rate targeting also corresponds largely to the restoration of central banking principles established in the late 19th century.Providing a simple theory of monetary policy implementation, Bindseil goes on to explain the role of the three main instruments (open market operations, standing facilities, and reserve requirements) and reviews their use in the twentieth century. In closing, he summarizes current views on efficient monetary policy implementation. Seller Inventory # LU-9780199274543
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