Central banks as economic institutions / edited by Jean-Philippe Touffut.
Material type:
TextSeries: Cournot Centre for Economic Studies seriesPublication details: Cheltenham, UK ; Northampton, MA : Edward Elgar, c2008.Description: xvi, 215 p. : ill. ; 25 cmISBN: - 1848441088 (hbk.)
- 1848441096 (pbk.)
- 9781848441088 (hbk.)
- 9781848441095 (pbk.)
- 332.112 22
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Includes bibliographical references and index.
Contents:PrefaceIntroduction1. Monetary Beliefs and the Power of Central Banks Andre Orlean2. Monetary Policy in Germany Since 1948: National Tradition, International Best Practice or Ideology?Carl-Ludwig Holtfrerich3. What Objectives for Monetary Policy?Benjamin M. Friedman4. Financial Stability and Monetary Policy: A FrameworkGerhard Illing5. Coordinating Expectations in Monetary PolicyStephen Morris and Hyun Song Shin6. Central Bank Transparency: Where, Why and With What Effects? Nazire Nergiz Dincer and Barry Eichengreen7. Global imbalances: Origins, Consequences and Possible ResolutionsTakatoshi Ito8. Global Imbalances: A Contemporary `Rashomon' Saga Nouriel Roubini9. Round Table Discussion: Monetary Policy in the New International Environment Patrick Artus, Alan S. Blinder, Willem Buiter, Otmar Issing and Robert M. SolowIndex
This book examines from a transatlantic perspective how the central bank has become the bank of banks.