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interesting and new perspectives on the conduct of monetary policy during the crisis, and provide sharp criticism of central bank …
Persistent link: https://www.econbiz.de/10011851873
Recurrent instability has characterized the global financial system since the 1980s, eventually leading to the current global financial crisis. This instability and the resultant disruptions - sovereign debt defaults, exchange rate misalignments, financial market illiquidity and asset price...
Persistent link: https://www.econbiz.de/10011850688
Persistent link: https://www.econbiz.de/10011851003
such a key role in economic life today? 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 …. Coordinating expectations in monetary policy / Stephen Morris and Hyun Song Shin -- ch. 6. Central bank transparency : where, why …
Persistent link: https://www.econbiz.de/10011851386
regulators covering a broad range of issues in modern monetary economics. Topics discussed include: central bank independence …1. No money, no inflation : the role of money in the economy -- 2. Central bank independence -- 3. The use and meaning … loss function -- 5. Six practical views of central bank transparency -- 6. The phases of US monetary policy : 1987 …
Persistent link: https://www.econbiz.de/10011851645
'Hasan Cömert's timely book reaches us during the prolonged conditions of the global great recession. By providing a thorough and detailed econometric analysis of the institutional and historical developments of the hegemonic leader of capitalism, Cömert reveals that the simplistic monetary...
Persistent link: https://www.econbiz.de/10011851922
place without an institution--i.e. the central bank - that could preserve confidence in the instruments used as money …
Persistent link: https://www.econbiz.de/10011852081
. 'The rise of rentier incomes in OECD countries: Financialization, central bank policy and labor solidarity' / with Arjun …. 'Financialization, rentier interests and central bank policy', 2002, 1-43 -- 15. 'Central banks as agents of economic development', / Ha … asset purchases increased bank profits?' / with Juan Antonio Montecino, Institute for New Economic Thinking (INET) working …
Persistent link: https://www.econbiz.de/10012251845
This book deals with the economic consequences of monetary integration, which has long been dominated by the Optimal Currency Area (OCA) paradigm. In this model, money is perceived as having developed from a private sector cost minimization process to facilitate transactions. Not surprisingly,...
Persistent link: https://www.econbiz.de/10011850704
Money, Financial Instability and Stabilization Policy consists of original articles by leading Post Keynesians, Kaleckians and other heterodox economists from the developed and developing world. Post Keynesian literature has long been associated with the study of money, financial markets and...
Persistent link: https://www.econbiz.de/10011850557