Monetary policy strategy

A leading academic authority and policymaker discusses monetary policy strategy from the perspectives of both scholar and practitioner, offering theory, econometric evidence, and extensive case studies.This book by a leading authority on monetary policy offers a unique view of the subject from the perspectives ...

Money

Understanding how economic forces work - and how they influence individuals, families, businesses, and communities - is becoming an imperative for every citizen. "The Greenwood Guides to Business and Economics" are designed to improve business and economic literacy by demystifying these topics, making them accessible to students ...

International economic indicators and central banks

This book presents an in-depth look at the investment implications of international indicators and foreign central banks. This book fills a major information void on measures of international economic performance. It discusses how major industrial countries measure and report their national economic performance information and ...

Gold

the once and future money

This is a fresh look at the most important investment trend of the early 21st century. Many view the current bull market in gold as a flash in the pan, doomed to fizzle. "Au contraire," say bestselling author Addison Wiggin and award winning analyst Justice ...

Central Bank reserve management

new trends, from liquidity to return

This book addresses the welfare gains and costs of accumulating foreign exchange reserves and the implications for the functioning of the global financial system. The tremendous growth of central bank reserves has led to an increased focus on raising returns in addition to the traditional ...

From the athenian tetradrachm to the Euro

studies in european monetary integration

With the introduction of the Euro much recent attention has been focused on the role of currencies and their national and international significance. Whilst much has been made of the Euro's achievements in harmonising Europe's financial dealings, it is often forgotten that it ...

Central banking governance in the European Union

a comparative analysis

This book fills a gap in academic literature on the politics and public policy aspects of central banking in Europe, by conducting a theoretically-informed and empirically-grounded analysis of central banking governance before and after the establishment of the Economic and Monetary Union (EMU). The main ...

Innovation and institutions

an institutional perspective on the innovative efforts of banks and insurance companies

This new book uses extensive and multifaceted data and sophisticated data analysis to explore product innovation in the financial services sector. Merging academic and critical analysis with practical recommendations for companies, this book provides a full and rich account of how new products are brought ...

Money, interest, and policy

dynamic general equilibrium in a non-ricardian world

This work develops the argument that moving from "Ricardian" dynamic stochastic general equilibrium models to "non-Ricardian" models solves many puzzles and paradoxes in monetary issues that might have cast doubt on the DSGE methodology for monetary economics. An important recent advance in macroeconomics is the ...

Currency competition and foreign exchange markets

the dollar, the yenand the euro

Currency Competition and Foreign Exchange Markets by Philipp Hartmann of the European Central Bank is a major theoretical and empirical study of international currencies, which focuses on the role which the Euro will play in the international monetary and financial system along with the US ...

Money and liberation

the micropolitica of alternative currency movements

Is conventional money simply a discourse? Is it merely a socially constructed unit of exchange? If money is not an actual thing, are people then free to make collective agreements to use other forms of currency that might work more effectively for them? Proponents of ...

Between the Dollar-Sterling Gold Points

exchange rates, parity and market behavior

Officer begins this book with a historical perspective of the monetary standards of the United States and Britain. He then develops data on exchange rates, mint parity and gold points, with which he investigates three important features of Anglo-American monetary history. First, the integration of ...

Money and payments in theory and practice

International in scope and written by a leading young Post-Keynesian economist, this book focuses on the working of money and payments in a multi-bank settlement system within which banks and non-bank financial institutions have been expanding their operations outside their countries of incorporation. Departing from ...

Monetary economics in developing countries

This book highlights the basic principles of monetary economics and their application to developing countries. Fully illustrated and written in an accessible style, it will be an attractive to students wanting to understand the economic aspects of development and those researching in the area. The ...

Regional monetary policy

With the final phase of the European Monetary Union underway, concern has been raised over the regional implications of the European Central Bank (ECB) Monetary Policy. Departing from the standard approach utilized by the ECB, this book provides a comprehensive theoretical framework to explore the ...

Monetary and fiscal policies in the Euro Area

This book studies the interactions between monetary and fiscal policies in the euro area. It carefully discusses the process of policy competition and the structure of policy cooperation. As to policy competition, the focus is on competition between the European central bank, the American central ...

Monetary theory and Bretton Woods

the construction of an international monetary order

Over the twentieth century monetary theory played a crucial role in the evolution of the international monetary system. The severe shocks and monetary gyrations of the interwar years interacted with theoretical developments that superseded the rigid rules of commodity standards and led to the full-fledged ...

Monetary integration and dollarization

No Panacea

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, the book ...

Money, bank credit, and economic cycles

Can the market fully manage the money and banking sector? Jesús Huerta de Soto, professor of economics at the Universidad Rey Juan Carlos, Madrid, has made history with this mammoth and exciting treatise that it has and can again, without inflation, without business cycles, and ...

La Banca Centrale Europea

Nata nel 1998, dopo un lungo lavoro di preparazione e sancita formalmente nel Trattato di Maastricht, la Banca centrale europea è un organo indipendente e sovranazionale che ha lo straordinario potere di creare moneta e stabilire il tasso al quale questa viene data e presa ...