Monetary Policy in the Euro Area: Strategy and Decision-Making at the European Central Bank - Hardcover

Issing, Otmar; Gaspar, Vitor; Angeloni, Ignazio; Tristani, Oreste

Hardcover

ISBN 10: 0521783240 ISBN 13: 9780521783248

Publisher: Cambridge University Press, 2001

Synopsis

A non-technical analysis of the monetary policy strategy, institutions and operational procedures of the Eurosystem, first published in 2001.

About this title

Review

'A first: the articulation of the goals and strategy of the European Central Bank, from inside. It is an important document, which will help markets interpret monetary policy actions, and make for a much sharper professional and public debate.' Olivier Blanchard, MIT

'A detailed and thorough statement of the ECB's view of monetary policy and its strategy that will be essential for students, commentators and researchers.' Lars Svensson, Stockholm University

'In this book, the ECB sets a standard for transparency that all central banks should meet.' Allan Meltzer, Carnegie Mellon University

'This book has a significant advantage over other technical studies on similar topics. It has succeeded in providing a coherent and sufficiently transparent analysis of economic and policy-related problems. Monetary economics can be hardly accessible to non-economists, but the four authors have made of it a fascinating scientific area showing that it shares many common features with disciplines as diverse as politics, linguistics and management.' Journal of European Affairs

Book Description

How and for whose benefit the European Central Bank (ECB) will work is the most important issue facing Europe. In this book, a team from the ECB, including Otmar Issing its Chief Economist, present a non-technical analysis of the ECB's monetary policy strategy, institutional features and procedures.

Edition details

• Publisher: Cambridge University Press
• Publication date: 2001
• Language: English
• ISBN 10: 0521783240
• ISBN 13: 9780521783248
• Binding: Hardcover
• Number of pages: 210