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Product Specifications
Book Summary
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.
ISBN-13
9783790819779
Language
English
Binding
Hard Bound
Publisher
Physica-Verlag HD
Publishing Date
2007-11-01
Product Edition
1
Total Pages
189
The Design Of The Eurosystem's Monetary Policy Instruments (Contributions To Economics)
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.